Business & Economic Growth
Whether you’re starting a business, growing one, or taking over from someone who’s retiring, we can help. PADD provides financing, resources, and connections to help businesses create jobs across the Panhandle.
Business Loan Fund
Who It’s For
Our loan fund is available to any business that creates or retains jobs in the 11-county Panhandle region. That includes restaurants, retail, manufacturing, services, and everything in between. You don’t have to be a big operation.
How It Works
Our loan fund provides gap financing. If your bank covers most of your project but not all of it, we can fill the gap. In some cases, we provide direct financing as well.
What It Can Cover
- Land and buildings
- Equipment
- Working capital or inventory
- Startup costs
- Business expansion
- Business transitions and ownership changes
Common Questions
My credit isn't perfect. Can I still apply?
We work with borrowers in all kinds of situations. Imperfect credit doesn’t automatically disqualify you. Let’s talk about it.
How much can I borrow?
It depends on the project. We’ll work with you and your bank to figure out the right amount.
What will my interest rate and terms look like?
Terms vary by project. We’ll walk you through the specifics during the application process.
Do I have to come to Scottsbluff to apply?
No. You can start the process by downloading the application, applying online, or reaching out by phone or email.
How long does it take?
Every project is different, but we’ll give you a clear picture of the process upfront so you can plan accordingly.
Apply
Ready to get started? Download the application, apply online, or reach out to talk through your idea first.
Download Application →
Apply Online →
Contact Us →
Download: Loan Fund Brochure (PDF) →
Business Resources
What Business Owners Are Saying
“When an opportunity to purchase a new building for our broadband facilities came up, we had to act fast. We did not have enough cash reserve for the down payment or the upgrades that needed to be done. PADD came through for us with a loan that enabled us to buy and improve the building, grow our business and create more jobs in Gering.”
Matt Larsen, Vistabeam, Gering, NE
Ready to talk about your business idea?
You don’t need a finished plan or all the answers. Start with a conversation, and we’ll help you find the right path forward.