Loan Capital
Does your Native Financial Institution need Loan Capital?
Oweesta provides low interest loans to qualified Native Financial Institutions (NFI) and similar community development institutions that principally serve Native peoples. Our loans help organizations create local entrepreneurs, homeowners and strong and vibrant Native economies.
ABOUT OUR LOAN PROGRAM
Investment Amount Investments range from $50,000 to $250,000 depending on the type of institution and the market it serves. Our investment in a single institution cannot exceed 10% of that institution’s total capital.
Terms Range from 3 to 5 years.
Interest Rate Risk-based and fixed for the term of the investment. Ranges from 3-5%.
If you are interested in finding out more about our loan program, please complete the pre-application from the link below and send an email to stewart@oweesta.org or fax to 605-342-3771.
NOTE: Completion of the pre-application does not constitute a commitment
of any kind on the part of your organization.
Click here to view/fill and print our Pre-Application. Click here to view our Loan card.
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