News

Dakota Business Lending Welcomes Rochelle Cross

By kfuglseth@dakotabusinesslending.com / October 18, 2021 /

Dakota Business Lending is pleased to welcome Rochelle Cross to the team as a Loan Specialist, working to assist with loan processing, interact with internal and external customers to develop and submit quality loan applications, and manage the process for ultimate loan approval. Overall, she will provide a high level of administrative support to the…

Read More

Dakota Business Lending Welcomes Jason Gerdes

By kfuglseth@dakotabusinesslending.com / October 7, 2021 /

Dakota Business Lending is pleased to welcome Jason Gerdes to the team as a Business Development and Commercial Loan Officer, working to develop and foster relationships with lenders, small businesses, economic development professionals, and other partners. He will be working to serve Dakota Business Lending’s market, covering North Dakota, western Minnesota, and Montana. A lifelong…

Read More

Dakota Business Lending Welcomes Ann Peterson

By kfuglseth@dakotabusinesslending.com / October 4, 2021 /

Dakota Business Lending is pleased to welcome Ann Peterson to their team. Based out of the Fargo office, Peterson will be assisting the organization with all areas of SBA lending and working to support many roles within the organization including business development, processing, loan structuring, compliance, and servicing. A native of southern Minnesota, Peterson brings…

Read More

$30 Million Awarded to Dakota Business Lending through the New Markets Tax Credits Program

By kfuglseth@dakotabusinesslending.com / September 20, 2021 /

Dakota Business Lending is excited to announce that they have been selected by the U.S. Treasury Department’s Community Development Financial Institution (CDFI) Fund to receive $30 million in New Markets Tax Credit (NMTC) allocation.  This is a landmark achievement given that Dakota Business Lending is the first North Dakota based financing entity to be chosen…

Read More

Keney Elected to Board

By kfuglseth@dakotabusinesslending.com / June 9, 2021 /

Dakota Business Lending is pleased to welcome Cole Keney to their Board of Directors. Keney was elected at the board meeting on June 2, 2021. Originally from Bismarck, North Dakota, Keney began working for Alerus in 2003 and has spent his entire banking career developing and growing his lending and consulting expertise. He currently serves…

Read More

Dakota Business Lending Welcomes Lexi Hendricks

By kfuglseth@dakotabusinesslending.com / May 26, 2021 /

Dakota Business Lending is pleased to welcome Lexi Hendricks to the team as a Servicing Specialist and Office Manager, working to provide direct support to and strengthen relationships with our borrowers and small business owners. She will also work to ensure the office is running smoothly and assist with the day-to-day operations of Dakota Business…

Read More

Important Information Regarding the 2021 Consolidated Appropriations Act

By kfuglseth@dakotabusinesslending.com / December 23, 2020 /

The recently approved Consolidated Appropriations Act is a very new and complex bill that will have a huge impact on our current small business and lending partners. Dakota Business Lending would like to share some information we have received from our national association and give you the most recent update. We will be sure to…

Read More

Dakota Business Lending Welcomes Anjie Martins

By kfuglseth@dakotabusinesslending.com / October 28, 2020 /

Dakota Business Lending is pleased to welcome Anjie Martins to the team as a Credit and Assistant Loan Officer in Montana, working to develop and foster relationships with lenders, small businesses, and economic professionals, promote loan programs, assemble loan information, and assist in the preparation, underwriting, and submission of loan packages. Overall, she will support…

Read More

Gehrtz Elected to Board

By kfuglseth@dakotabusinesslending.com / August 7, 2020 /

Dakota Business Lending is pleased to welcome Steve Gehrtz to their Board of Directors. Gehrtz was elected at the board meeting on August 5, 2020 and will attend his first meeting as an official director on September 2, 2020. Gehrtz currently serves as the President of Gehrtz Construction Services, where he helps develop, design, and…

Read More

Hopfauf Elected to Board

By kfuglseth@dakotabusinesslending.com / June 9, 2020 /

Dakota Business Lending is pleased to welcome Jason Hopfauf to their Board of Directors. Hopfauf elected at the board meeting on March 4, 2020 and attended his first meeting as an official director on April 1, 2020. Hopfauf serves as President of two Dakota Community Bank & Trust branches in the Dickinson market, where he…

Read More