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Native Revolving Business Loan Fund Kicks off in Hays

HAYS — A new fund to help Native American businesses get of the ground and grow has started on Fort Belknap Indian Reservation.

The Mountain | Plains Regional Native CDFI Coalition (Mountain | Plains Coalition) introduced a new capital source for Native entrepreneurs: the Mountain | Plains Regional Revolving Loan Fund, or RLF.

Seeded by a five-year, $45 million investment from the EDA’s Build Back Better Regional Challenge, $21 million is designated for RLF capital. The RLF offers a new opportunity for Native business owners in the region to access and grow their businesses.

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