About Mofi
MoFi: Empowering Businesses and Communities in Montana, Idaho, and Wyoming
MoFi is a leading financial institution that provides business loans, new markets tax credit financing, and down payment assistance to homebuyers, businesses, and nonprofits in Montana, Idaho, and Wyoming. With over 20 years of experience in the industry, MoFi has helped thousands of individuals and organizations achieve their goals by providing them with the necessary financial resources.
At MoFi, we believe that access to capital should not be a barrier for those who want to start or grow their businesses. That's why we offer a wide range of loan products tailored to meet the unique needs of our clients. Whether you're looking for working capital to expand your operations or funds to purchase new equipment or real estate property, we have a loan product that can help you achieve your goals.
One of our most popular loan products is the SBA 504 Loan Program. This program provides long-term fixed-rate financing for major fixed assets such as land and buildings. It also allows borrowers to finance up to 90% of the total project cost with terms up to 25 years. This program is ideal for small businesses looking for affordable financing options.
Another loan product that we offer is the New Markets Tax Credit (NMTC) Financing Program. This program provides low-cost financing options for community development projects in underserved areas. It also offers significant tax benefits for investors who participate in these projects.
In addition to our business loans programs, MoFi also offers down payment assistance programs for homebuyers who are struggling with upfront costs associated with purchasing a home. Our HomeNow Down Payment Assistance Program provides up $10k towards down payment assistance or closing costs on eligible properties throughout Montana.
At MoFi we understand that every client has unique needs when it comes to accessing capital which is why we take pride in offering personalized service from start-to-finish on all our lending products . Our team works closely with each client throughout the entire process from application through funding ensuring they receive exceptional customer service along every step of their journey .
We are committed not only helping individuals but also communities thrive by providing access affordable capital solutions . We believe this approach helps create stronger local economies which ultimately leads better quality life residents living within these communities .
If you're interested in learning more about how MoFi can help you achieve your financial goals contact us today!
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