Lewistown 
Program Overview
The Montana Automation Financing Program Suite has two components: the Collateral Support Program and the Direct Loan Program.
- The Direct Loan Program offers loans to Eligible Applicants directly from the Montana Department of Commerce.
- The Collateral Support Program is a credit enhancement, such as a pledged cash reserve or other approved support, to assist a Participating Lender in extending credit to an Eligible Applicant that is otherwise creditworthy but lacks sufficient collateral.
Purpose
The Montana Automation Financing Program is administered by the Montana Department of Commerce to extend financial assistance to Montana-based Manufacturing enterprises seeking to upgrade, replace, or expand their equipment through automation and modernization investments. The program supports businesses modernizing operations, enhancing efficiencies, and fostering growth. The program is not intended to replace jobs but to empower businesses to scale while upskilling their workforce.
