Southwest Initiative Foundation
Capital Partnership Approach

In February, 2004 Prairieland EDC expanded its partnership with the Southwest Initiative Foundation (SWIF). Prairieland EDC is administering the SWIF’s loan programs, with the exception of the Micro Enterprise Loan Program. Prairieland EDC works with loan clients and/or bankers in the development of applications, review and analysis, closings, and servicing. The SWIF Loan Programs provide “gap financing” to eligible businesses. This financing supplements the dollars provided by financial institutions and investors and strengthens financial packages. Financing is intended to complement, not compete, with traditional financing sources. The SWIF will not participate in a project that can be solely financed through traditional sources. The SWIF actively solicits and promotes partnerships with financial institutions in all projects.