Articles

To simply provide financing packages is not enough to fulfill our mission. We strive to become the lead resource for you and your business, offering you the practical knowledge you need for your business to thrive for decades to come.

Featured Articles

All Articles

Mar 14, 2022

At the core of every small business are brave, resilient, and inspiring individuals with an incredible drive to serve others and help make the world a better place. These business owners are the movers, shakers, do-ers, and dreamers that transform our communities and create a ripple effect, trickling their impact into their economies and their state…

Mar 14, 2022

Across the nation, over 150 Women’s Business Centers (WBC) are helping entrepreneurs start, grow, and advance their businesses every day. We sat down with Christy Dauer (North Dakota WBC Program Director) and Shayna Blaser (Montana WBC Program Director) to get the inside scoop on what these Women’s Business Centers have to offer…

Mar 4, 2022

The business climate throughout the state of Montana has drastically changed over the course of the past few years. We sat down with Christie Williams and Anjie Martins – members of our 406 team – to help us understand what the business climate is like in Montana, how it has changed, and the factors leading to this change…

Jan 28, 2022

If you have ever taken out a loan before, you have probably been encouraged to look into refinancing. What many do not know, however, is that there are programs out there specific for business owners who are looking to refinance their commercial debt and get an even better financing deal for their business. We’re here to share with you everything you need to know about one of our favorites – the SBA 504 Debt Refinancing program…

Dec 20, 2021

The new year is upon us, and we’re spending the last few weeks looking back at all that has happened. 2021 was a record-setting year at Dakota Business Lending filled with exciting new things and significant impact. Check out what we’ve been up to for the past 12 months. Loan Volume – This year, Dakota Business Lending experienced a record high loan volume, helping more small businesses than ever before…

Nov 18, 2021

Being a mother is a full-time job in and of itself. Couple that with owning a business, and you’re in for a wild (but rewarding!) ride. At our last ACTIVATE Women session, we sat down with Chelsey Steinlicht – a mother of four and successful business owner for 10+ years – to hear her story. In this session, she shared about what it means to be a “Mompreneur” and how to balance the responsibilities of a parent, a business owner, and everything in between…

Oct 28, 2021

Because business owners are forced to wear so many different hats, it’s inevitable that they will make a few mistakes along the way. While most can be faced with little to no longstanding consequences, there are a few mistakes that can have significant negative impacts on a business in the long run. While they often seem small, they can, without proper guidance, knowledge, and preparation, haunt businesses for years to come…

Oct 1, 2021

While small business financing is our forte, we are so much more than that. To better showcase who we are and what we do, we’re sharing with you the ABCs of Dakota Business Lending! Find out what DBL is really made of! A is for ACTIVATE. B is for Board of Directors. C is for Calculator. D is for Debt Refinance. E is for Entrepreneurs. F is for Fixed-Rate Financing. G is for GrowHub. H is for Headquarter Building…

Sep 28, 2021

Just a few years ago, JSE Family of Companies was one company (FM Real Estate Team) with a handful of agents. Today, they have 16 companies with about 30 employees and 200+ agents across 2 states, doing over a billion in real estate transactions per year. But how did they do it? Jeff Shipley and Laura Lesoine shared their wisdom at ACTIVATE Women, reminding everyone of what’s most important: the people. Here’s a brief overview…

Aug 27, 2021

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 terms. Because there are several eligible uses for the loan program, there are many different ways an SBA 504 loan can be structured. Below are just a few common examples…