Missouri MOBUCK$ Investment Program
About the Program
The Missouri State Treasurer’s Office linked deposit program, MOBUCK$, invests in Missouri small businesses, agriculture, and governmental entities. Through the program, the Office partners with qualified lending institutions to provide low-interest loans to help grow and expand economic opportunity across Missouri. By reducing the interest rate on certain loans borrowers can use to improve their businesses, the program helps Missouri financial institutions better serve Missouri-based companies and agricultural operations. The program also provides funds for local governments to serve their constituents' interests.
Using the program allows lenders to lower borrowers' interest rates by about 2-3 percent.
Small Business Program
The Missouri Linked Deposit Program partners with lenders to provide low-interest loans to create and retain Missouri jobs, encourage new economic development projects, and strengthen communities statewide.
The Missouri Linked Deposit Program for Small Business provides low-interest loans to enable growth for Missouri's small businesses.
Eligibility
Eligible businesses must:
- Be headquartered in Missouri.
- Maintain operations and transact business in Missouri.
- Employ less than 100 full-time employees.
- Be organized for profit.
- Currently owe no unpaid, non-protested taxes to the State of Missouri or any political subdivision.
- Have no unresolved environmental compliance issues with the Missouri Department of Natural Resources.
Loan Usage
Loans may be used for:
- Inventory
- Rent, utilities, insurance or taxes
- Professional fees
- Equipment purchase, rental or lease
- Renovations, repairs and maintenance of equipment and facilities (paving, fencing, installation of loading docks, etc.)
- Purchase of land and buildings
Thinking About Missouri?
You've learned about the program. Now explore communities across Missouri to find the place that's the best fit for you.
Explore:
- LookyLOO Reviews of Missouri cities
- Neighborhood Guides
- Local Reviews
- Schools
- Lifestyle
- Save Missouri cities to your Movebook