Participating Lender Wood Products Revolving Loan Fund
Participating Lender Wood Products Revolving Loan Fund supports Montana wood-processing businesses with financing to sustain and grow the industry, retain and create jobs, and benefit communities.
Funder: Montana Department of Commerce
Due Dates: July 14, 2025 (Application opened)
Funding Amounts: Loans up to $2,000,000; terms up to 15 years
Summary: Financing to sustain and grow Montana’s critical, primary wood-processing industry and support long-term jobs and community economic benefits.
Key Information: Borrowers must be individuals or small businesses in critical, primary wood processing that have suffered economic hardship.
Description
The Montana Department of Commerce administers the Wood Products Revolving Loan Fund to sustain and grow Montana’s wood products industry. The program addresses economic hardship affecting the state’s critical, primary wood-processing infrastructure and serves eligible existing Montana businesses as well as businesses seeking to expand into the state. Loan funds must support the industry’s continued operation and growth.
The fund operates through both loan participation and direct lending, with its primary emphasis on participation loans. These combine revolving loan fund resources with participating-lender financing to keep borrowing affordable. Commerce gives highest priority to projects with the greatest potential to retain and create long-term employment opportunities for Montanans and provide long-term economic benefits to Montana communities.
