The random number generator. Alaska Industrial Development and Export Authority Frequently Asked Questions Click on question to get the answer. The programs, however, have changed based on the economy and the financing needs of businesses in Alaska. The Loan Participation Program provides Alaskans with long-term financing for new or existing projects, or for the refinancing of existing loans.
Guarantees issued for export transactions guarantee both commercial and political risk.
Since all of our loans originate with a financial institution, the first step is to apply at a financial institution for a loan. The Credit Committee meets on an as-needed basis, generally once every two weeks. The Board meets approximately every 6 to 8 weeks. Loan payments are made through the bank originating the loan. The Governor appoints the members of the public to serve two year terms.