The State of Missouri is committed to providing incentives and financing for a prosperous Financial and Professional Services industry. Below are links to loan programs that are of interest to companies in this field.

State of Missouri Loan Programs

IDEA Funds

The Missouri IDEA (Innovation, Development, and Entrepreneurship Advancement) Funds promote the formation and growth of businesses that engage in the transfer of science and technology into job creation.  The funds provide financing to eligible businesses through four components that correspond to the four stages of growth for investment-grade high growth businesses, including:

  1. Pre-seed capital stage financing;
  2. Seed capital stage financing;
  3. Venture capital stage financing; and
  4. Expansion-stage debt.

Learn more about the IDEA Loan Program>>

Grow Missouri Loans

The Missouri Department of Economic Development (DED) may provide credit-worthy Financial and Professional Services companies a loan of up to 10% of the project financing, limited to $3 million per project. The principal payments may be deferred for up to 6 years. Borrowers must provide health insurance. The borrower may apply for the Grow Missouri 10% portion, and if approved, would have up to 120 days to secure the other 90% of funding for the project, which may not include other state funding.

Learn more about Grow Missouri Loans >>

Action Fund Loans

DED may provide credit-worthy Financial and Professional Service companies located in non-metropolitan areas a loan of up to 40% of project funding, limited also to $750,000 per project, or $25,000 per new job created (whichever is less).

Learn more about Action Fund Loans >>

Federal Loan Programs

SBA 7a Loan Guarantees

Guarantee of a bank loan of between 70-85%.

Learn more about SBA 7a Loan Guarantees >>

SBA 504 Loans

Subordinated loan of up to 40% of new fixed assets. Interest rate is fixed for the 10-20 year term of the loan.

Learn more about SBA 504 Loans >>


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