SBA 504 Interest Rates | March 2026 | 10 Yr:  5.620%, 20 Yr: 5.787%, 25 Yr: 5.725% *rates may vary Learn More »

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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?

Isn’t Dakota Business Lending a bank?
Dakota Business Lending is a Certified Development Corporation (CDC), a Community Development Entity (CDE), and a certified Community Development Financial Institution (CDFI). We are not a bank and do not compete with them. Instead, we partner with them to help make projects possible. We offer several financing programs through the SBA as well as a few programs of our own.

How to Get Financing

Are you a new or existing business looking for financing? Are you looking for the Path to Bank Ability?
Check out our How to Get Financing page for some helpful tips and resources to get started.
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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.   

Learn More

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

Download Our SBA 504 Application (PDF)

Download Our SBA 504 Checklist (PDF)

More about sba 504

Direct Business Loan (DBL) Program

Our Direct Business Loan program is a flexible financing tool that can help fill the gap for businesses in all stages when other programs cannot.

Direct Business Loans at a Glance

Loan Amount: $1,000 - $75,000

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
more about Direct Business Loans

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.

Contact Us
Apply Now

Additional Resources

Looking for additional resources for your borrowers?
Check out our other programs designed to help them along their journey.