Montana Community Development Corp.
Montana CDC

For more than 25 years, the Montana Community Development Corporation has served Montana by providing business financing, consulting services and business training that can transform the lives of individuals and strengthen community prosperity. Montana CDC’s role in the state is to foster a resilient economy that is built on the inherent strengths of the people and the place of the state — the businesses its clients create help sustain local communities and provide jobs throughout Montana.

Montana CDC works with business owners, local development agencies and banks throughout Montana. It is a member of Opportunity Finance Network, a national network of Community Development Finance Institutions that are dedicated to delivering responsible, affordable, lending to help low-income, low-wealth and other disadvantaged people and communities join the economic mainstream.

Montana CDC is guided by seven values:

  1. Access to economic resources is key to alleviating poverty in Montana, and it gives people opportunity for success and dignity in their lives.
  2. Montana CDC capital and services can spur community prosperity and resilience.
  3. Effective community development must consider impacts on the natural environment.
  4. Work to level the playing field for motivated entrepreneurs.
  5. Solid lending practices are good for Montana CDC and clients.
  6. Think creatively in applying resources to help clients.
  7. Believe that success is built from mutual trust, respect and fun, and that by working together, we can accomplish more.

Through its revolving loan fund, Montana CDC in 2012 has more than $15 million invested in emerging and growing businesses throughout the state. Investors — composed of private individuals, foundations and trusts, financial institutions and federal government agencies — support the fund and its offices.

With offices in Missoula, Bozeman and Kalispell, Montana CDC operates in three segments:

  • Loans: From loan amounts of $1,000 to 1,000,000, Montana CDC lends money to viable enterprises of all sizes.
  • Small Business Development Center: Whether it’s a first step or a next step, this unit helps entrepreneurs research, plan and build their businesses.
  • Montana Procurement Technical Assistance Center: This unit helps established businesses compete in government marketplaces, by providing individual counseling, procurement information and other resources that can help small businesses. Montana PTACs can guide small businesses through federal, state and local contracting processes. Based in Billings with six additional offices throughout the state, the centers’ services are funded by the Department of Defense and local host agencies, and are offered to local businesspeople at little or no charge. In addition, Montana PTAC works directly with government procurement personnel by connecting them with responsive, qualified suppliers of goods and services.


  • Montana CDC in 1996 became one of the first Community Development Finance Institutions in the country certified by the U. S. Treasury. Montana CDC has received seven CDFI awards over the last 13 years, totaling more than $6.5 million.
  • Montana CDC in 2000 began lending funds from the Small Business Administration’s microloan program. Montana CDC is the state’s only SBA Microlender.
  • In 2005, Montana CDC was one of the first organizations in the country to receive a CARS (CDFI Assessment Rating System) rating from Opportunity Finance Network. Montana CDC maintains its CARS rating with biannual compliance audits. Montana CDC is one of only 70 CARS-rated Community Development Finance Institutions in the country.
  • Montana CDC is a lender for the USDA Intermediary Relending Program.
  • Montana CDC received $96 million in New Markets Tax Credit allocation in 2008 and 2010. Montana CDC is the state’s only Community Development Entity sanctioned to utilize NMTC and has utilized the funds on six projects throughout Montana.
  • In 2009 Montana CDC won Honorable Mention by the Novogradac Community Development Foundation, a nationally recognized accounting and consulting firm, for Best Small Business Qualified Low Income Community Investment.
  • In 2010 Montana CDC twice received Honorable Mention awards by the Novogradac Community Development Foundation for Best Use of Tax Credits under the New Markets Tax Credits program.
  • In 2011 Montana CDC received the award for Best Operating Business / Qualified Low Income Community Investment by the Novogradac Community Development Foundation, for Best Use of Tax Credits under the New Markets Tax Credits program.
  • Montana CDC is the state’s only nonbank guaranteed lender for three federal programs:
    • SBA 7(a) Community Advantage.
    • USDA Business and Industry.
    • Bureau of Indian Affairs.
  • Montana CDC was selected as one of 21 CDFIs in the country to participate in the Goldman Sachs/Opportunity Finance Network Small Business Growth Collaborative.

Contact Information

Please call President Dave Glaser at 406.728.9234 extension 211, or email.
Reach the office by phone at 406.728.9234 or 888.745.5601; fax 406.542.6671. Email:
Loans: extension 200; SBDC in Missoula: extension 214; PTAC in Missoula: extension 218.
Find Montana Community Development Corporation online at
Montana CDC in Missoula is located at 110 E. Broadway, 2nd Floor; the agency also has offices in Bozeman and Kalispell.

Missoula Economic Partnership | 2501 Catlin Street Suite 205 Missoula, Montana 59801 | P: 406.541.6461 | F: 406.541.6464