News
Dakota Business Lending (DBL) is excited to announce that applications for the third cohort of the Entrepreneur District are now open. Located on...
The SBA 504 Refinance Program is changing a few things…let’s take a deeper look! The U.S. Small Business Administration has recently made...
Dakota Business Lending (DBL) is pleased to welcome Brandon Orr to their team as a Business Development and Commercial Loan Officer, working to...
Dakota Business Lending (DBL) has been selected by the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund to...
Dakota Business Lending (DBL) is pleased to welcome Molly Bradford to their team as a Business Development and Commercial Loan Officer, working to...
Dakota Business Lending (DBL) is pleased to welcome Shelby Kraemer to their team as an Underwriter. Kraemer will work with DBL’s underwriting team...
Dakota Business Lending (DBL) is excited to announce a new partnership with South Dakota Development Corporation (SDDC). This collaboration will...
Dakota Business Lending (DBL) is excited to announce the expansion of the Vault (www.vaultnd.com), a comprehensive online library connecting...
Dakota Business Lending (DBL) is proud to announce Rochelle Anderson is their Portfolio Manager. In this position, Anderson will be responsible for...
Dakota Business Lending (DBL) is pleased to welcome back Tyler Byron to their team as a Business Development / Commercial Loan Officer. Byron will...
Dakota Business Lending (DBL) is excited to announce that applications for the second cohort of the Entrepreneur District are now open. Located on...
Dakota Business Lending (DBL) is pleased to welcome Julie Jaksha to their team as the Director of Small Business Advising. In this position, Jaksha...
Dakota Business Lending (DBL) is pleased to welcome Kate Savage to their team as a Loan Servicing Specialist. Savage will work to support Dakota...
For over 41 years, Dakota Business Lending (DBL) has been supporting small businesses in rural and underserved communities through unique financing...
There are over 1,000 certified Community Development Financial Institutions (CDFI) across the nation, all of which work to promote economic...
Dakota Business Lending (DBL) is proud to announce Emily Schroeder as their Community Lending Director. In this position, Schroeder will work to...
Since 2004, Dakota Business Lending has been offering the SBA 504 loan program to small businesses located in five counties in western Minnesota –...
Dakota Business Lending is pleased to welcome Matt Marshall to their Board of Directors. Marshall has worked in the economic and community...
The U.S. Small Business Administration (SBA) has released several regulation amendments for their 504 loan program, two of which include regulations...
Dakota Business Lending is pleased to welcome Jo Ann Back to their team as a Business Development and Commercial Loan Officer, working to develop...
Dakota Business Lending recently closed an allocation of $7,100,000 in New Markets Tax Credits (NMTC) to support DakotaMB, formerly known as Dakota...
Dakota Business Lending is now accepting applications for the Entrepreneur District, their newest resource for business owners. The Entrepreneur...
Dakota Business Lending recently closed an allocation of $7,100,000 in New Markets Tax Credits (NMTC) to support NuTek Natural Ingredients and the...
Dakota Business Lending is excited to launch the Entrepreneur District, a transformative space located on the second floor of their headquarter...
Dakota Business Lending has been selected by the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund to receive...
Dakota Business Lending is now an approved participating lender for the Montana State Small Business Credit Initiative 2.0 Loan Participation...
For over 40 years, Dakota Business Lending has been working to create custom financing packages for businesses in North Dakota and five counties in...
Dakota Business Lending is pleased to welcome Heather Ranck to their Board of Directors. Ranck was elected at the board meeting on August 3, 2022...
In September of 2021, Dakota Business Lending was selected by the U.S. Department of Treasury’s Community Development Financial Institution...
Dakota Business Lending is pleased to welcome Michaela Schell to their team as its Entrepreneurial Development Director. Based out of the Fargo...
Dakota Business Lending is excited to announce that they have closed an allocation of $7,500,000 in New Markets Tax Credit (NMTC) allocation to...
Dakota Business Lending is pleased to welcome Scott Schake to their team as a Portfolio Manager. Based out of the Fargo office, Schake will be...
Dakota Business Lending is pleased to welcome Rochelle Cross to the team as a Loan Specialist, working to assist with loan processing, interact with...
Dakota Business Lending is pleased to welcome Jason Gerdes to the team as a Business Development and Commercial Loan Officer, working to develop and...
Dakota Business Lending is pleased to welcome Ann Peterson to their team. Based out of the Fargo office, Peterson will be assisting the organization...
Dakota Business Lending is excited to announce that they have been selected by the U.S. Treasury Department’s Community Development Financial...
Dakota Business Lending is pleased to welcome Cole Keney to their Board of Directors. Keney was elected at the board meeting on June 2, 2021....
Dakota Business Lending is pleased to welcome Lexi Hendricks to the team as a Servicing Specialist and Office Manager, working to provide direct...
The recently approved Consolidated Appropriations Act is a very new and complex bill that will have a huge impact on our current small business and...
Dakota Business Lending is pleased to welcome Anjie Martins to the team as a Credit and Assistant Loan Officer in Montana, working to develop and...
Dakota Business Lending is pleased to welcome Steve Gehrtz to their Board of Directors. Gehrtz was elected at the board meeting on August 5, 2020...
Dakota Business Lending is pleased to welcome Jason Hopfauf to their Board of Directors. Hopfauf elected at the board meeting on March 4, 2020 and...
Below are a few updates regarding the “Coronavirus Aid, Relief, & Economic Security”(CARES) Act Key Components of the Act pertaining...
On Friday, March 27, Congress passed & Trump signed the historic $2 Trillion economic stimulus package called the “Coronavirus Aid, Relief, and...
As many of you are aware, Dakota Business Lending is a non-profit Certified Development Company authorized by SBA, serving businesses and banks...
The U.S. Small Business Administration (SBA) has recently announced that they will be offering Economic Injury Disaster Loans for small businesses....
In 2019, Dakota Business Lending began offering their services to small businesses in rural Montana under the SBA 504 Loan Program Rural Initiative...
Dakota Business Lending is pleased to welcome Paige McQuade to the team as a Credit and Underwriting Specialist, working to ensure compliance with...
Dakota Business Lending is pleased to welcome two new members to their Board of Directors, Kim Kautzman and Tonya Holmstron. Kautzman and Holmstrom...
Nearly one year after the FDIC, the OCC, and the Fed published a joint Final Rule increasing the Threshold from $250,000 to $500,000 for appraisals...
Dakota Business Lending is excited to launch a new and enhanced 504 loan calculator on our website. This online calculator allows users to get...
In December, the U.S. Small Business Administration (SBA) North Dakota District Office recognized Dakota Business Lending as North Dakota’s #1 SBA...
Before Christmas, House Bill H.R. 6348 was passed by the Senate with bipartisan, unanimous support to increase the loan amount above which an...
Startup and existing businesses often have various financial needs that traditional financing cannot meet, making Small Business Administration...
Dakota Business Lending is pleased to welcome Teri Lingen to the team as a Credit and Compliance Specialist, working to ensure compliance with...
Dakota Business Lending is pleased to welcome Preston Braathen to the team as Commercial Loan Officer. He will be in the forefront of lending...
The SBA has announced a significant fee reduction and adjustment to the 504 program fees on all SBA-504 approvals starting October 1st. The fee cuts...
On January 1, 2018, we changed our name to Dakota Business Lending. Since then, we have strengthened more partnerships, helped more businesses, and...
The SBA has announced major changes expanding the ability for businesses to refinance using the SBA-504 program effective on application received...
Dakota Business Lending was proud to host an open house event at their new headquarters office in South Fargo last week. The event brought together...
Dakota Business Lending announces the promotion of two members of their team. Tamara VanWechel has been promoted to Senior Credit & Portfolio...
Have you ever heard of a 25-year, fixed interest rate on commercial real estate? Well it’s for real! The SBA just announced the 25-year option...
Dakota Business Lending is pleased to welcome Katie Anderson to the team as Loan Closing Specialist. She will be responsible for closing and funding...
Dakota CDC is now Dakota Business Lending We are excited to announce that Dakota Certified Development Corporation (Dakota CDC) is now Dakota...
