TCC Tri-County Community Action
TCC Tri-County Community Action
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TCC Tri-County Community Action
Loan & Savings Programs
MHFA/Rehab - SAVI - Self Employment - Family Loan - Child Care Business Loan - TransLoan - LinkLoan
Two Child Care Provider Loan Programs

Option #1 - 

Option #2

TCC Child Care Provider Loan Program 

First Children's Finance Loan Program
Application fee:   No
Size of loan:  $300 - $3,000 (Over $3,000 possible) 
Interest rate:  8% 
Business Plan required:  For loans over $3,000 
Technical assistance:  Yes 
Free business training:  One-credit or equivalent 
Forgiveness factor:  No 
For more information Contact Us, call or write: 

TCC 
501 LeMieur St. 
PO Box 368 
Little Falls, MN 56345-0368  
Little Falls Phone: 320-632-3691 
Brainerd Phone: 218-829-2410 

Application Fee:  $25
Size of loan:  $2,000 - $5,000
Startup: Up to $25,000 for established providers
Interest rate:  7%
Business Plan required:  Yes
Technical assistance:  Yes
Free business training:  No
Forgiveness factor:  15% of principal for some loan

For more information call or write: 

First Children's Finance 
212 Third Ave. North 
Suite 310 
Minneapolis, MN 55401 
Phone: 612-338-3023 

Benefits of Both Programs

Finances child care business-related needs as expansion and remodeling, program relocation, equipment and start-up. Combines loans with technical assistance to offer borrowers the maximum
opportunity for success.

Eligibility - Both Programs

Children in applicant's care must be from households with incomes within MN Basic Sliding Fee Program guidelines (County reimbursement/pay). Be able to demonstrate that appropriate financing cannot be obtained elsewhere. Be licensed or seeking license (family or center).

 

TCC Tri-County Community Action
Tri-County Community Action Program, Inc.
Little Falls Office
501 LeMieur St.
Little Falls, Minnesota 56345
Phone: Voice/TTY 320-632-3691
Fax: 320-632-3695
Brainerd Office
2410 East Oak St.
Brainerd, Minnesota 56401
Phone: Voice/TTY 218-829-2410
Fax: 218-829-0494
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TCC Tri-County Community Action
TCC Tri-County Community Action