A quick exploration of business in Montana and Park County shows just how critical small business is to our economy. Park Local was founded to offer support to these businesses through loan services that uniquely cater to the businesses in our community. In recent years you may have seen marketing campaigns across Montana that encourage consumers to shop local, eat local, and stay local. These campaigns tap into what makes Park County so special and unique. Our visitors don’t return year after year to shop, eat, and stay at large corporate entities. They come for the charm and character only small, local businesses can offer. The same can be said for borrowing locally. No where else can offer the personalized care, attention and investment Park Local can. Our team sees your business as a living, breathing part of our community. We might even be your customers, with a personal investment in seeing your business succeed.

 Montana was named one of the best states for business by The Blue Print “Montana ranked especially high in its rate of new entrepreneurs. According to U.S. Census Bureau data, the number of new business applications in the state rose 50% between January of 2020 and January of 2021.” Park County is no exception. Our robust and unique economy is home to a number of industries, from tourism to agriculture, each with its unique needs. Park Local was created to provide loan services with local care, service, and attention. Our small local team is able to meet you where you are, right in our community. Small businesses are the backbone of our economy, and they need funding to survive. When fully funded, small businesses have the opportunity to reach their full potential, carry out their missions, and continue to support our communities with employment opportunities. In Park County, 825 or 96.8% of all businesses are small businesses. Park Local feels these businesses could greatly benefit from loan services that specifically meet their needs.

“Many traditional lenders won’t fund startups because new businesses are considered to be more risky. Without an established track record, lenders have no proof that the business will succeed and be able to repay the loan.” Park Local is unique in its ability to not only offer funding to existing businesses but to start-ups as well. The entrepreneurial spirit of Montana lives right here in Park County and Park Local hopes to give our local start-ups a fighting chance at reaching that five year mark with adequate funding. Our Microloan of 0-$75,000 is perfect for start-ups, allowing your new business to gain funding without taking on an unreasonable amount of debt. Only borrow what you need with the knowledge that you are receiving local, personalized care from your loan provider.