Founded in 1982, Dakota Business Lending is the oldest, largest, and most experienced 504 CDC in North Dakota. The mission of this private, not-for-profit entity is to provide small business financing solutions through collaborative partnerships in a supportive, creative environment that grows the economy and creates or preserves quality jobs.
Business Acquisition, Equipment, Hiring & Recruitment, Inventory, Leasehold Improvements, Other, Real Estate, Renovation to Real Estate, Startup, Working Capital
The AMP will match any convertible debt or direct equity investment into a primary sector company headquartered in ND up to $250,000. The AMP must receive the same terms as the matched investment. The matched investment must be a private source of capital.
The Growth Fund program was established in 2021 with levied funding from the Mountrail County Commission. The Growth Fund enhances the county’s financial toolbox to serve new and existing businesses needing access to capital.
The Horizon Grant program was established in 2021 with funding from the Mountrail County Commission. The JDA Board of Directors will establish funding priorities annually. See program policy for more information.