The Missouri Linked Deposit Program partners with lenders to provide low-interest loans to help create and retain
Missouri jobs, expand the economy and strengthen communities statewide.
| IMPORTANT NOTICE |
Effective April 21, 2011, Treasurer Clint Zweifel
has adopted the HELP system – the Harmed-area Emergency Loan Priority system – to expedite
Missouri Linked Deposit Program loan approvals. Borrowers in counties determined to have been
impacted by disasters will receive 24-hour approval of completed applications.
HELP system page to learn more.
The Missouri Linked Deposit Program for Job Enhancement provides low-interest loans to businesses that create high-quality jobs
in Missouri. Eligibility guidelines to allow companies with significant capital needs to borrow $50,000 for each
job created, in addition to dollars for capital outlay, physical expansion and renovation.
Eligible businesses include new, existing or expanding firms located in Missouri that employ 10 or more full-time
employees annually. They must create at least one job for each $50,000 borrowed under the Missouri Linked Deposit
The same criteria apply for job retention, but companies are required to provide documentation that establishes
“retention.” Examples of situations where loans will be made for job retention include:
A plant or company will be shut down without assistance in refinancing debt.
A plant or company is being sold, and financial assistance is needed for a prospective buyer who wishes to
keep the company in Missouri.
A plant must renovate, modernize or upgrade its facility to comply with regulatory or other requirements, or
else the company must shut the facility down.
Businesses looking for additional funding should also visit the Missouri Department of Economic Development and explore
opportunities with the
Missouri Quality Jobs Program.
Download a Job Enhancement Loan Application to be completed with your lender.
Job Enhancement Loan Application