Growth Initiative Fund (GIF) active loan pool surpasses $5 million mark

The Growth Initiative Fund (GIF) approved six companies’ applications (for eight loans) during the third quarter of 2019.  All the loans were in conjunction with Bank of North Dakota’s PACE/Flex PACE program, which provides lowered interest rates to assist expanding companies. The eight GIF loan approvals totaled $555,000 and provide the opportunity for these primary-sector […]