06/04/2026
Tourism is one of the most impactful drivers of economic growth in rural Montana. But for businesses trying to expand, upgrade facilities, or build new tourism-focused offerings, finding affordable financing isn't always straightforward. Most lenders aren't set up to evaluate tourism projects the way they evaluate traditional small business loans.
Mission West administers the Tourism Development and Enhancement Revolving Loan Fund, a $3.5 million fund through the Montana Department of Commerce. Loans range from $5,000 to $250,000 at low interest rates with 5 to 10-year repayment terms. Eligible projects include lodging upgrades or expansion, development of cultural, recreational, or historical attractions, infrastructure improvements for tourism businesses, and enhancements to food and beverage operations. Preference is given to projects in rural and under-visited areas, which means businesses across Lake, Mineral, and Sanders Counties are well-positioned to qualify.
If you're running or building a tourism-focused business and you've been looking for the right financing, this is worth a conversation. Learn more and get in touch with Mission West at missionwestcdp.org/business-development-center