MISSOULA, Mont. – Missoula Federal Credit Union announced a $5,000 sponsorship of MoFi (formerly Montana & Idaho CDC) this February. Missoula Federal Credit Union’s sponsorship will help support MoFi’s work with small business owners and entrepreneurs in the Missoula community and across the state of Montana.
“We help Montanans start and grow businesses that build economic independence for families, and in turn, those families create stronger communities,” said Dave Glaser, President of MoFi. “Along with flexible capital, our clients receive one-on-one individualized business consulting to help them build the successful businesses they’ve dreamed of.”
MoFi’s business consulting includes working with clients on business plans, reviewing financial projections, evaluating marketing strategies and assessing growth opportunities.
“Missoula Federal Credit Union and MoFi are both dedicated to helping underserved borrowers in the Missoula community,” Glaser added. “We are so grateful for MFCU’s support of MoFi, which helps entrepreneurs in our community access financing and assistance. We could not succeed at this work without our community partners.”
About MoFi’s Small Business Loans
MoFi provides financing from $1,000 to $2,000,000. In 2017, MoFi loaned over $11 million to 68 entrepreneurs and small-business owners. Clients often are referred to MoFi if they are unable to obtain traditional bank financing.
For more information about Missoula Federal Credit Union, visit https://missoulafcu.org/.