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Direct Loan Program

The Authority will make direct loans applicable to the credit of the borrower, the type of financing, and the term of the loan. Eligible projects include construction and renovation, facility acquisition, refinancing of qualified outstanding debt, the purchase of equipment and financing costs.

Expedited Loan Process

  • Submit a letter of application and copies of 3 past year financials
  • Loans processed in 60 days or less
  • Staff drafts loan documents
  • Closing will occur through the mail

General Loan Terms

  • Minimum Loan Size: $5,000
  • Maximum Loan Size: $200,000
  • Five year loan term
  • Collateral is required
  • Borrowers aggregate loan balance: $200,000

General Loan Guidelines

  • Loans provided on a first-come-first served basis
  • Monthly electronic payments
  • Positive net/worth fund balance


  • 1% origination fee
  • Borrower out-of-pocket expenses, as applicable

Interest rates

  • US Treasury 5-year note rate plus 0.15%, or 3% whichever is greater.

About MFFA


Contact Information

  MT Facility Finance Authority

  2401 Colonial Dr 3rd Floor
  Helena MT 59601

  Mailing Address
  PO Box 200506
  Helena MT 59620-0506

  Phone: 406.444.0052
  FAX: 406.444.0019
  TDD: 406.841.2702

  Email MFFA