Explore Business Financing Opportunities
The Osage Valley Electric Cooperative works with multiple partners to provide financing for West Central Missouri companies. These organizations provide support to rural businesses, so they can continue to serve as the cornerstones of their communities. Whether you are looking to expand your operations, or need assistance through this particular time, the resources below can help you. Get to know some of the financial programs offered and take advantage of these opportunities.
Take Advantage of the OVEC Revolving Loan Fund
The Osage Valley Electric Cooperative is proud to offer low interest loans to businesses in the area, in order to support the quality of life in the region and local economy. Loan applications are accepted at the OVEC office when the loan fund has a balance of at least $15,000.
New or expanding private businesses, nonprofit entities, and city or county governments, are all eligible to apply for these funds. The money can be used to purchase land, invest in equipment, or make infrastructure improvements.
The loan terms and interest rates vary by project. These are secured loans, that require adequate collateral in the form of mortgages, liens, or irrevocable letters of credit.
For more information, please call 1-660-679-3131 Ext 5547 or email jrosier@osagevalley.com to see if OVEC is currently accepting loan applications.