Roosevelt-Custer operates gap financing programs for Region VIII. Specifically, we work with primary lenders to “fill in the gap” between what they’re willing to lend to a prospective client and the total amount that client needs. To do so, we offer attractive terms to the client and will work with the primary lender in order to make the project happen. Our purposes are to attract businesses to our area and to help existing businesses grow, especially if such actions will result in job creation or retention.
Loans are available to existing companies or start-ups for fixed assets, equipment, inventory and working capital. While we don’t normally offer loans for refinancing of existing debt, we may consider them if the value to our communities is compelling. Our Roughrider Development Fund has been instrumental in attracting business and jobs to our area by helping to offset risk to primary lenders while at the same time providing the borrower with a service that can push a project to fruition.
Community Development Block Grant Application (Fillable pdf)
Family Emergency & Hardship Assistance & Planning Application (Microsoft Word)