Senator’s Small Business Jobs Legislation Creates Influx of Capital for Montana Businesses
Montana’s senior U.S. Senator Max Baucus announced today that Montana small businesses will now have access to more than $100 million in new lending through the State Small Business Capital Initiative.
The U.S. Treasury has finalized a $13 million grant for the State Small Business Capital Initiative in Montana. The program is designed to attract $10 in new private lending for every $1 in federal funding which would unleash $130 million in new lending for Montana’s small businesses.