Bear Paw reduces rates on business loans

The local economic development agency is offering a special deal to help businesses in the area expand or to help people who want to start a new business.

Bear Paw Development Corp. announced it is reducing a fee in its revolving loan program targeted to help create and grow small businesses.

“To really help kick-start the financing needs of our entrepreneurial community, we thought the best way to do that was to make getting a loan more affordable from the very beginning by reducing our origination fee by 26 percent for the summer,” Bear Paw Executive Director Paul Tuss said in a press releas...