Small Business

The Missouri Linked Deposit Program partners with lending institutions to provide low-interest loans to help create and retain Missouri jobs, expand the economy and strengthen communities statewide.

The Missouri Linked Deposit Program for Small Business provides low-interest loans to enable Missouri's small businesses to grow. Eligibility guidelines have expanded to increase access to small business loans to companies with less than 100 full-time employees up from companies with less than 25 full-time employees.

Eligibility

• Headquartered in Missouri.
• Maintains operations and transacts business in Missouri.
• Employs less than 100 full-time employees.
• Borrower is organized for profit.
• Does not currently owe any unpaid, non-protested taxes to the State of Missouri or any political subdivision.
• Business has no unresolved environmental compliance issues with the Missouri Department of Natural Resources.

Loan Usage

Small business loan proceeds may be used for the following operating expenses:

• Inventory
• Rent, utilities, insurance or taxes
• Professional fees
• Equipment purchase, rental or lease
• Renovations, repairs and maintenance of equipment and facilities (paving, fencing, installation of loading docks, etc.)
• Purchase of land and buildings