Wind River Development Fund can finance any new or existing business located on or near the Wind River Reservation, including Fremont and Hot Springs Counties. Our borrowers must be a minimum 18 years of age, will be subject to a credit review, and can’t have any previous defaults on a loan. Financial, credit, or business education may be required for some applicants.

If you meet those eligibility guidelines, the first step is to fill out our eligibility form.

It is common for many of our applicants to work one-on-one with our staff to become loan ready. Oftentimes this includes skill- and knowledge-building activities, such as financial education, credit building, or business training. We also connect applicants to additional resources offered by other community partners to ensure they get all of the support they need. This work is so important because it sets the foundation for future success.

Once an applicant is ready, they will continue through the lending process by filling out the loan application and submitting it with the required documents. A business plan is required, along with other documents such as tax returns and bank statements. All of this information is reviewed by our staff and our loan committee to make a determination on the loan.

We offer loan terms up to 180 months with a fixed interest rate, typically between 6% and 9%. Closing costs may be included in the loan amount, and we can provide flexible repayment terms based on an applicant’s cash flow. Once a loan is approved, an applicant signs a loan agreement that outlines all of the loan terms and repayment plan. Loan proceeds are paid directly to vendors or sellers on behalf of the borrower.