Dakota Business Lending Allocates $7.1 Million in NMTC Financing for NuTek Natural Ingredients Manufacturing Expansion

Dakota Business Lending Allocates $7.1 Million in NMTC Financing for NuTek Natural Ingredients Manufacturing Expansion Nov 21, 2022 Dakota Business Lending recently closed an allocation of $7,100,000 in New Markets Tax Credits (NMTC) to support NuTek Natural Ingredients and the expansion of their manufacturing facility in Fargo. NuTek is a global supplier of clean label…

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New Space for Entrepreneurs Looking to Transform their Business

New Space for Entrepreneurs Looking to Transform their Business Nov 8, 2022 Dakota Business Lending is excited to launch the Entrepreneur District, a transformative space located on the second floor of their headquarter office in Fargo. The Entrepreneur District will bring together ten entrepreneurs from various industries and give them access to both the office…

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Montana Banks and Businesses to Benefit from New MT SSBCI 2.0 LPP Partner

Montana Banks and Businesses to Benefit from New MT SSBCI 2.0 LPP Partner Nov 1, 2022 Dakota Business Lending is now an approved participating lender for the Montana State Small Business Credit Initiative 2.0 Loan Participation Program (MT SSBCI 2.0 LPP). The federal program is administered by the U.S. Department of Treasury. The American Rescue…

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Ranck Elected to Board

Ranck Elected to Board Aug 30, 2022 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 and will attend her first meeting as an official director in September. Ranck is an International Trade Specialist for the U.S. Department of…

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Dakota Business Lending Welcomes Michaela Schell

Dakota Business Lending Welcomes Michaela Schell Aug 5, 2022 Dakota Business Lending is pleased to welcome Michaela Schell to their team as its Entrepreneurial Development Director. Based out of the Fargo office, Schell will be working to develop, manage, and deliver new and innovative small business lending programs and resources for Dakota Business Lending’s entire…

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Dakota Business Lending Launches the Vault – A Digital Library of Small Business Programs and Financing Sources in North Dakota

Dakota Business Lending Launches the Vault – A Digital Library of Small Business Programs and Financing Sources in North Dakota Jun 13, 2022 Every day across North Dakota, creative and daring individuals are taking the leap to start or own a business and live out their dream. These same small businesses often find themselves “stuck”…

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Dakota Business Lending Allocates $7.5 Million in NMTC Financing for Tecton Products Expansion

Dakota Business Lending Allocates $7.5 Million in NMTC Financing for Tecton Products Expansion Apr 7, 2022 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 support Tecton Products, LLC and the expansion of their manufacturing facility in Fargo. The new 150,000 square…

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