by Dakota Business Lending | Sep 15, 2021 | Featured, Success Stories
Mechelle Mortenson has always had a love for shopping. But as time went on, this mother of four grew frustrated with the fact that she had to travel great lengths in order to find her favorite brands. Fueled with a desire to make a change, Mechelle began looking into...
by Dakota Business Lending | Aug 27, 2021 | Blog, Featured
The SBA 504 loan program is one of the best kept secrets in the small business financing world today. The program can finance long-term fixed assets and offers many benefits, including a minimum 10% down payment, fixed below-market interest rates, and up to 25-year...
by Dakota Business Lending | Aug 26, 2021 | Blog, Featured
Last month, the U.S. Small Business Administration (SBA) released the updated regulations for the SBA 504 Debt Refinance program. As promised, we want to give you a brief overview of these new rules and showcase what they look like in action. So here’s the...
by Dakota Business Lending | Aug 20, 2021 | Success Stories, Featured
One could say that farming and entrepreneurship runs in Brian Engstrom’s blood. A fourth-generation farmer, Brian’s family farming history dates back to the late 1880s. Nearly 20 years ago, he began raising dry beans with his father. Since then, he has...
by Dakota Business Lending | Jul 16, 2021 | Success Stories, Featured
Kent Bloms and Adam Hoffman were just two college students at Minot State University who had their own DJ companies. While in college as disc jockeys, they each put together and hosted dances for college students. As they each continued to host these dances...
by Dakota Business Lending | Jun 24, 2021 | Blog, Featured
Applying for the SBA 504 loan program can be a daunting process, and you may find yourself wondering: Where do I begin? How do I apply? How long will it take? If you have asked yourself some of these questions, you are not alone. These are some of the most common...
