by kaitlyn | Sep 13, 2023 | News
For over 41 years, Dakota Business Lending (DBL) has been supporting small businesses in rural and underserved communities through unique financing programs. The organization is excited to announce that they are taking this mission to the next level as the first...
by kaitlyn | Aug 31, 2023 | News
There are over 1,000 certified Community Development Financial Institutions (CDFI) across the nation, all of which work to promote economic revitalization and community development in low-income, disadvantaged, and underserved communities. Among those is Dakota...
by kaitlyn | Aug 22, 2023 | News
Dakota Business Lending (DBL) is proud to announce Emily Schroeder as their Community Lending Director. In this position, Schroeder will work to further DBL’s mission by providing innovative financing solutions and business advisory services to underserved small...
by kaitlyn | Jun 5, 2023 | News
Since 2004, Dakota Business Lending has been offering the SBA 504 loan program to small businesses located in five counties in western Minnesota – Otter Tail, Polk, Becker, Clay, and Wilkin. In 2022, they expanded all their special loan programs to be available across...
by kaitlyn | May 3, 2023 | News
Dakota Business Lending is pleased to welcome Matt Marshall to their Board of Directors. Marshall has worked in the economic and community development industry for over ten years, and currently serves as the Economic Development Administrator for Minnkota Power. He...
by kaitlyn | Apr 26, 2023 | News
The U.S. Small Business Administration (SBA) has released several regulation amendments for their 504 loan program, two of which include regulations on affiliation standards. These changes will simplify the application process and help more businesses become eligible...