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We are here to help navigate you through the process of finding and securing the financial assistance necessary to launching your startup or expanding your operation. Below, you will find a variety of programs for eligible businesses seeking financing.

Our Wyoming Partnership Challenge Loan program allows us to work with private and nonprofit partners to provide numerous sources of capital for eligible businesses. Check out the links below to find a program that fits your needs.

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Challenge Loans Policy

Challenge Loan Rules

The Wyoming Business Council can partner with a local economic development organization to create combined loan proceeds that assist a business (third-party loan recipient). The state portion of the matching funds must be secured, cannot exceed $500,000 and have a maximum loan term of 10 years.

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Challenge Loan Fact Sheet

Application

The Wyoming Business Council can participate with a local lender on a loan to a business. The state’s portion may be up to 35% of the project (maximum of $500,000) in a shared note and collateral position with the local lender.

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Bridge Loan Fact Sheet

Application

The Wyoming Business Council can partner with a commercial lender on loans that have a federal guarantee, such as SBA or USDA, so that combined proceeds assist a business (third-party loan recipient). The state can participate in up to 50% of the note (maximum of $2 million).

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Partnership Guaranteed Loan Fact Sheet

Application

The Wyoming Business Council can participate with a local lender on a loan to a building owner for building improvements to maintain the structure’s historical character. The state’s portion of the participation may be up to 75% of the loan (maximum of $100,000) in a shared note and collateral position with the local lender.

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Main Street Loan Participation Fact Sheet

Application

The Wyoming Business Council may guarantee a portion of a loan made by a local lender to a business that is starting, expanding or relocating to Wyoming.

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Loan Guarantee Fact Sheet

Application

The Challenge Loan statute allows a business or group of businesses to apply to the Wyoming Business Council for an Economic Disaster declaration. If the request is approved, affected individual businesses then may apply for direct Challenge loans in the amount of their actual dollar loss in order to spread their losses over several years to maintain operation.

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Economic Disaster Loan Fact Sheet

This program allows for a direct loan to a business for the purpose of financing qualifying costs to install a functioning natural gas filling station to fuel motor vehicles that operate on natural gas as a transportation fuel.

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Wyoming Natural Gas Fueling Infrastructure Loan Program Fact Sheet

Application

The Economic Development Large Project program authorizes the Wyoming State Treasurer to lend funds for the benefit of proposed or existing Wyoming businesses. The loan may finance the purchase, construction and installation of buildings or equipment that will add economic value to goods, services or resources within the state of Wyoming.

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Large Project Loan Fact Sheet

The Wyoming Small Business Investment Credit (SBIC) program provides an alternative source of capital to Wyoming small businesses and entrepreneurs.

The Wyoming Business Council does not fund the capital needs of the small businesses, but helps navigate the SBIC process.

Wyoming producers, producer groups and agribusiness entities may work with their lender to apply for the Value-Added Agriculture Loan program. The bank is the applicant and the producer, producer group or agribusiness entity is the beneficiary.

  • Wyoming producer/producer groups include independent producers, agricultural producer groups, farmer or rancher cooperatives and majority-controlled producer-based business ventures.
  • Wyoming agribusiness entities are those in which the final project will benefit the agriculture industry and its overall economy.

Funds may be used for machinery, equipment and facilities necessary in the processing or packaging of an agricultural commodity.

Funds may not be used to finance working capital, for production-related expenses or to refinance existing debt.

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Value-Added Ag Loan Fact Sheet

Application

Our Financial Resources Guide lists financial resources available to businesses, communities and homeowners in the state of Wyoming.

There are many revolving loan funds available in local communities and counties throughout the state.

These are not included, as this resource is intended to be available statewide.

Please advise us if you aware of any statewide resources not listed in this booklet.

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2015 Financial Resources Guide