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SBA 504
Interest Rates
May 2018

10 Yr: 5.298%

20 Yr: 5.222%

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Excellence in Lending

Small Business Loans
We strive to help small businesses in North Dakota and Western Minnesota receive loans.
What’s the SBA 504 rate? How does an SBA 504 work? How can I get SBA financing in North Dakota? From the basic questions, all the way to finishing your SBA loan application, we are here as a partner every step of the way. Through the help of Dakota Business Lending, 88 percent of all loans in North Dakota are closed and 89 percent of lenders access small business loans.
Small Business Financing
There are more than 6.8 million unemployed people in the United States.
We strive to help small businesses in North Dakota and Western Minnesota receive loans. What’s the SBA 504 rate? How does an SBA 504 work? How can I get SBA financing in North Dakota? From the basic questions, all the way to finishing your SBA loan application, we are here as a partner every step of the way. Through the help of Dakota Business Lending, 70 percent of all loans in North Dakota are closed and 89 percent of lenders access small business loans.
Fiscal Year Stats
In 2015, the Small Business Administration supported $33 billion in lending and supported 680,000 jobs in the U.S.
Dakota Business Lending alone has provided funding for more than 30 businesses for an amount of $21 million across North Dakota and Western Minnesota.
Smaller Loans
In the United States, the average loan amount has been between $50,000 and $80,000 for small businesses
However, we know for some businesses, just a little can go a long way. In the past 5 years, Dakota Business Lending has been able to secure smaller loans under 25,000 dollars.
Dakota Business Lending
Since 1982, DakotaBusiness Lending has financed over 1,200 small businesses at a total value of $475 million.
We are proud to have extensive and unparalleled expertise in providing loans for small businesses in North Dakota and Western Minnesota. We have and will continue to be the first, largest, and most experienced small business lender in North Dakota.