Dakota Business Lending

?? We've got BIG NEWS! ?? Dakota Business Lending has been awarded $50M in New Markets Tax Credits (NMTC) to help encourage investment in low-income and distressed areas across North Dakota! This is our third NMTC award, with two $30M awards received in 2021 and 2022. To date, our NMTC program has had the following impact: ???? 7 businesses helped ??556 permanent jobs created/retained ?? $148M+ direct project impact ??$350K in donations to 14 local organizations through our program's Pay-It-Forward component. We are excited to continue to further our mission and provide this financing opportunity to small businesses in the state that need it most. Visit our website to learn more or contact one of our loan officers with any potential projects. https://lnkd.in/gWDgj9NE

Is your business feeling the pinch of rising interest rates or looming balloon payments? ???? The SBA 504 Debt Refinance program offers fixed, below-market interest rates and extended repayment terms, which can help eliminate balloon payments, reduce monthly payments, and improve overall cash flow. ???? Reach out to a loan officer in your area to learn more. https://lnkd.in/g8cyYDjY

Paying off five years ahead? That's the power of a Community Impact Loan! ?? WLK’s Inspections is setting the pace for community impact! ??? This rural, woman-owned business in Northwood, ND, paid off their initial investments five years ahead of schedule, thanks to a Community Impact Loan. With this support, Heath and Ashleigh Lee expanded their wood pole inspection services, ensuring financial stability and continued growth. Here’s to businesses that go above and beyond for their communities! ??

Attention all IT service solo(preneurs) ?? Are you ready to take your business to the next level? Don't forget that the Entrepreneur District applications are still open and could be the opportunity you've been waiting for! ??? Learn more or apply here! https://lnkd.in/gfi2wzWS

To the dreamers, doers, and innovators—today we celebrate YOU. Your vision and determination creates jobs, builds communities, and drives change. ??? We’re honored to support entrepreneurs like you. Let’s keep growing together! ???? #NationalEntrepreneursDay #SmallBusinessSuccess

See you TOMORROW!?

It’s official—the SBA 504 Debt Refinance program improvements are in effect!?? With greater flexibility, expanded refinancing options, and higher loan limits, these changes make this valuable debt refinance program all the more accessible for business owners!? Learn more about these updates and how they may benefit your business: https://lnkd.in/gH7-tVkh

MT Lenders: Finding the right financing for your borrower shouldn’t have to be a guessing game... With over 340 years of combined experience and a deep understanding of Montana’s business landscape, we’ll help you cut through the clutter to find the best financing options that meet your clients' needs!??? Reach out to one of the loan officers on our Montana team and let’s find the best solution for your borrowers…together!? Christie Williams, Brandon Orr, Jo Ann Back, Molly Bradford

Being a Resident in the Entrepreneur District connects you with local small business owners and provides a space to share challenges, exchange ideas, and receive valuable feedback. You'll also gain access to training sessions designed to boost your business growth. The collaboration opportunities and partnerships formed here are some of our Residents' most cherished memories. If you're looking to grow your network with other small business owners, consider applying to be a Resident for our 2025 cohort. Applications are due December 18. https://lnkd.in/gfi2wzWS

?? Recently approved! A gift store in eastern ND has just received $35,000 through our Community Impact Loan program! This loan is helping them refinance existing debt, making it easier to manage their operations and continue serving their community with even greater impact. Debt refinance could benefit your business, call a loan officer today or learn more here: