Working Capital Loan

Working capital loans provide access to cash that can be used for a variety of projects and investments that would otherwise be out of reach due to limited funds.

Eligible Uses:

• Marketing campaigns
• Inventory purchases
• Equipment upgrades
• Business expansion and operations
• Managing cash flow
• Seasonal business fluctuations
• Addressing unexpected expenses
• Building credit history

Why It's Different: Working capital loans help you:

• Manage cash flow effectively
• Seize growth opportunities
• Work through seasonal fluctuations
• Address unexpected expenses
• Build your business credit history

Benefits:

• Access to capital for growth projects
• Enables seizing competitive opportunities
• Helps manage operational cash needs
• Flexible use of funds

Geographic Scope: Minnesota and Wisconsin (29 counties and 12 Native Nations)

Service Region Includes:

• Minnesota: Aitkin, Benton, Carlton, Cass, Cook, Crow Wing, Itasca, Kanabec, Koochiching, Lake, Mille Lacs, Morrison, Pine, Stearns, St. Louis, Todd
• Wisconsin: Ashland, Bayfield, Burnett, Douglas, Florence, Forest, Iron, Marinette, Oneida, Price, Sawyer, Vilas, Washburn
• Native Nations: Bad River Band of Lake Superior Chippewa, Bois Forte Band of Chippewa, Fond du Lac Band of Lake Superior Chippewa, Forest County Potawatomi, Grand Portage Band of Lake Superior Chippewa, Lac Courte Oreilles Band of Lake Superior Chippewa, Lac du Flambeau Band of Lake Superior Chippewa, Leech Lake Band of Ojibwe, Mille Lacs Band of Ojibwe, Red Cliff Band of Lake Superior Chippewa, Sokaogon Chippewa (Mole Lake), St. Croix Chippewa Indians of Wisconsin

Additional Services: All loans are paired with strategic one-on-one business advising at no additional cost.

Contact Information:

• Phone: 218-623-5747
• Email: info@efund.org
• Main Office: 202 W Superior St, Suite 311, Duluth, MN 55802
• Branch Locations: Ashland WI, Duluth MN, Eveleth MN, International Falls MN, Little Falls MN, Superior WI

Application Process

1. Initial Consultation: Contact Entrepreneur Fund to discuss your working capital needs
2. Loan Readiness Assessment: Complete the free loan readiness checklist
3. Application Submission: Submit formal loan application with required documentation
4. Guidance & Support: Client Resource Manager will contact you within two business days and guide you through the entire process
5. Advising Partnership: Upon approval, receive strategic one-on-one business advising at no cost

Required Materials

Specific application requirements not detailed on website. Contact EFund directly for comprehensive documentation needs.

Contact for Application

• Phone: 218-623-5747
• Email: info@efund.org
• Online Contact Form: Available at efund.org
• In-Person: Available by appointment at branch locations