BND Business Development Loan Program

LOAN AMOUNT (UP TO):

$100,0000

DETAILS:

The Business Development Loan Program assists new and existing businesses to obtain loans that have a higher degree of risk than would normally be acceptable to a lending institution. It may be used to start or expand a new business or for refinancing.

ELIGIBILITY:

1. The business must be located in North Dakota.

2. The financial condition or the nature of the industry must lead to a higher credit risk than would normally be acceptable to a lending institution.

BND offers this loan by partnering with local lenders. To apply, contact your lender.