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5 Reasons Why You Should Use the SBA 504 Loan Program

By kfuglseth@dakotabusinesslending.com / January 14, 2020 /

Whether you’ve heard the term a thousand times, or this article is the first, you may be asking yourself “What’s the big deal about the SBA 504 loan program?” We’re here to let you in on the secret and share with you why we think you should consider the SBA 504 for your next project.

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Financial Solutions Available to Small Businesses Impacted by Weather-Related Disasters

By kfuglseth@dakotabusinesslending.com / December 23, 2019 /

The U.S. Small Business Administration (SBA) has recently announced that they will be offering Economic Injury Disaster Loans for small businesses. This program will be available to small non-farm businesses in North Dakota, South Dakota, and Montana who have been negatively affected by weather related incidences such as excessive rain, snow, or flooding. Established as…

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Raceday

By kfuglseth@dakotabusinesslending.com / December 19, 2019 /

Raceday:A Successful Dakota Business Lending Borrower As a 5th grader, Jay Braun saw vacuuming cars at his father’s lube center in Bismarck simply as a means to earning a couple quarters to get his beef jerky and candy bar fix. What he didn’t know, however, was that this job was just the beginning of a…

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Serving Countries and Serving Communities

By kfuglseth@dakotabusinesslending.com / November 27, 2019 /

Serving Countries & Serving Communities – 10 Advantages of Veteran Business Owners
The United States offers a variety of benefits for active and retired veterans and their families in gratitude for the dedication and service they have offered to our county. What many don’t know, however, is that there are a multitude of advantages…

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Spectrum Fitness

By kfuglseth@dakotabusinesslending.com / November 7, 2019 /

Spectrum Fitness:A Dakota Business Lending Success Story From the Sian’s garage to its own fully equipped, multi-faceted fitness facility, the story of Spectrum Fitness is unlike any other. It all began when Rachelle and Michael Sian moved to Minot in search of a place to settle down. Michael, a retired veteran, had trained in martial…

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Minot Center for Pediatric Therapy

By kfuglseth@dakotabusinesslending.com / October 10, 2019 /

Minot Center for Pediatric Therapy:A Successful Dakota Business Lending Borrower  They say that “everyone deserves a voice,” and for Kylee Geer, this phrase has been the fuel to her passion throughout her entire career thus far. After working as a speech pathologist in Fargo for over 5 years, Kylee and her husband moved back to…

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Paige McQuade

By kfuglseth@dakotabusinesslending.com / September 19, 2019 /

Paige is always helping others be their best! A Fargo/Moorhead native, Paige has been a part of the business and finance industry and has never looked back. She joined the Dakota Business Lender team after five years of teller, relationship banker, and credit analyst experience.  Paige has joined the Dakota Business Lender team to further…

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Competitive Advantage – It’s Your Advantage!

By kfuglseth@dakotabusinesslending.com / September 19, 2019 /

What is the first word that comes to mind when you think of competition? I am guessing it is along the lines of winning, of losing? While that is true in the world of sports, competition in the business world is just a bit different. Businesses that see competition as a negative, tend to be the ones on the losing end and the ones that see it…

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Williams County Abstract Company

By kfuglseth@dakotabusinesslending.com / September 16, 2019 /

Williams County Abstract Company: A Successful Dakota Business Lending Borrower The idea of figuring out all the paperwork required for purchasing a home can be a daunting thought for a new homeowner and can fill your mind with a billion questions – What are the requirements? How do I know what to do? And, most…

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Dakota Business Lending Now Serving Entire State of Montana

By kfuglseth@dakotabusinesslending.com / September 4, 2019 /

In 2019, Dakota Business Lending began offering their services to small businesses in rural Montana under the SBA 504 Loan Program Rural Initiative Pilot Program (504 Rural Pilot). Since then, the feedback they have received from this program indicated a significant need and opportunity to open up their services to all small business throughout the…

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SBA 504
Interest Rates

January 2020
10 Yr: 3.804%
20 Yr: 3.644%
25 Yr: 3.714%

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