Rural Development IRP

Borrowers in rural communities (population under 50,000) may benefit from a fixed-rate, 5-15-year loan up to $250,000 to finance a new or existing business, purchase equipment or real estate or use as working capital.

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Amount

Maximum: $250,000

Resource Provider

Dakota Business Lending

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.

Resource Type

Loan

Location

All

Purpose

Business Acquisition, Equipment, Hiring & Recruitment, Inventory, Leasehold Improvements, Other, Real Estate, Renovation to Real Estate, Research, Startup, Working Capital

Industry

Agriculture, Childcare, Communications, Communities, Construction, Energy, Ethanol, Exporting, Finance, Food Service, Healthcare, High Growth, Hospitality, Information Technology, Manufacturing, Other, Primary Sector, Professional Services, Real Estate, Retail, Tourism, Transportation, Utilities, Value-Added

Business Stage

Existing Business, New Business

Deadline

–

Contact

Any Loan Officer

(701) 293-8892

info@dakotabusinesslending.com

Need help finding your program editor? Email info@vaultnd.com.

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