Business Owners
Business Owners
Dakota means “friend” or “ally”, and that’s how we see our relationship with you! We consider you more than just small business owners who need financing, but our entrepreneur friends who we want to join on your journey to success.
Why Work with Us?
Unique Financing Programs
We offer several financing programs to help meet your needs. No need to figure out which one to use…we’ll do that for you!
Businesses of All Shapes and Sizes
Our loan programs and resources can help businesses at any stage, industry, and/or industry. Just contact us and we’ll help you figure out the rest.
Path to Bankability
Our goal is to not only get you the financing you need to succeed, but make sure to set you on a path to success for the future.
Get the Best Deal for Your Business
Because we offer a variety of loan programs and resources, we can put together a custom financing package and offer you the best deal for your business.
How to Get Financing
Check out our How to Get Financing page for some helpful tips and resources to get started.
Types of Commercial Loans
There are many types of loans available for you and your business with a variety of different uses.
Take a look at this list of commercial loans and the lingo that goes along with them.
Our Programs
Different types of businesses require different types of financing. Dakota Business Lending is proud to provide a variety of loan programs to meet your specific needs.
SBA 504
Our primary loan program – the SBA 504 – is a long-term, fixed-rate financing tool created by the U.S. Small Business Administration to help promote economic development and retain quality jobs. Because of its unique financing terms, the program can save business owners thousands of dollars in the long run.
SBA 504 At a Glance
Loan Amount – $25,000 – $5.5 million
Eligible Businesses – For-profit corporations, LLCs, partnerships, or proprietorships that meet the SBA’s size standards can qualify for the program.
Eligible Uses – Long-term, fixed assets such as:
- Land and building purchases
- New construction or renovation
- Heavy machinery or equipment purchases and moving expenses
- Professional fees
- Refinancing
Community Impact Loans
Our Community Impact Loan program is a flexible financing tool that can help fill the gap for businesses in all stages when other programs cannot.
Community Impact Loans at a Glance
Loan Amount: $1,000 – $250,000
Benefits for Borrowers:
- Accessible financing option for a variety of business owners
- Business advising opportunities available
- Can help set you on the Path to Bankability
Other Programs
In addition to the SBA 504, we offer several other financing programs to help fit your specific needs.
Don’t worry about figuring out which program you need – our team will do that for you!
Reach out to a loan officer in your area to get started.
How It Works
Step 1:
Contact a loan officer to determine eligibility
Step 2:
Fill out an application (online or paper!)
Step 3:
Submit application
Step 4:
Receive approval
Step 5:
Closing / Funding
Step 6:
Enjoy!
Get Started
Ready to get the loan process started? Apply Below!
Or better yet! Contact a loan officer in your area to jumpstart the process.
Additional Resources
Looking for additional resources for your borrowers?
Check out our other programs designed to help them along their journey.
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