Alternative Financing

Minneapolis’s alternative financing program 

A financing option structured to comply with Islamic (interest-free) principles, available to businesses in Minneapolis. It matches private financing—up to $75,000—to fund building improvements and equipment purchases.  

Eligibility:

• Business must be located within Minneapolis city limits.
• For-profit or nonprofit with no more than 20 full-time employees.
• Gross revenue under $1 million (or under $2.5 million for technical/professional services).  

Lending amounts:

• Standard small businesses eligible for up to $75,000 match.
• Businesses in Great Streets areas can receive up to $100,000.
• Those in priority-eligible or cultural district priority areas may qualify for up to $125,000