Success Stories
Snoqualmie Tribe, Washington:
With a loan from ILCC of $1.2 million, the Tribe was able to purchase a community health center, which they continue to operate, and 35 acres of land that came with it. Achieving federal recognition in 1996, the Tribe’s only land holdings included land on which their casino is being built. This loan helped secure a future site for their tribal offices. Because the Tribe didn’t have the cash flow to make a full loan payment, ILCC provided them with below market rate financing and a reasonable payment schedule until their casino reaches full operation. At that time the loan will be paid in full.
“The Indian Land Capital Company provided us with a loan that allowed us to begin to secure additional aboriginal land in the Snoqualmie Valley, ahead of speculators, prior to the Tribe generating any casino revenue, and in a manner that was respectful of tribal sovereignty. This is how financing in Indian Country should be done.”
Learn more about the Tribe at http://www.snoqualmienation.com
Blackfeet Tribe, Montana:
ILCC provided the Blackfeet Tribe with a $1 million load to purchase a 1,250 acre ranch within the boundaries of their reservation. The Tribe continues to operate the property as a working ranch and are in the process of converting it to trust land.
Learn more about the Tribe at http://www.blackfeetnation.com
