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” in financing and wondering where to turn. To meet this need and better assist business owners, Dakota Business Lending has launched the Vault.
With a vision to showcase the multitude of valuable resources that our state has offer, the Vault contains a comprehensive library of small business programs and financing sources that exist throughout the state today. Big or small, woman or minority owned, rural or urban, start-up or existing, the Vault is a place where these dedicated individuals can explore all that our state has to offer, right at their fingertips. Inside the Vault, users can find resources such as:
- Financing options of all shapes and sizes
- COVID-19 and disaster relief programs
- Premium business assistance resources
- Tools to help propel start-ups or small businesses
“Many of the small businesses we work with are unaware of the variety of programs that exist throughout the state. Part of our mission is to not only be a lender to business owners, but a resource as well. This platform is our way of connecting these business owners, along with any other entrepreneurs throughout the state, with financing sources to help them grow,” shared Steve Dusek, President & CEO.
The Vault is launching with 145+ funding programs from 50 providers from across the state of ND. On the website, users answer a few short questions about their business and generate a list of financing programs custom tailored to their needs – all in a manner of seconds. Each financing program has a page dedicated to providing more details and contact information to connect with the specific provider. The comparison tool allows users to compare up to three programs and get a more detailed report sent to their inbox. As new financing tools become available, providers can submit a program to be added to the Vault via the website.
“Being the first of its kind in North Dakota, putting together resource like the Vault has been a huge undertaking. We are excited to officially launch the website and begin providing this resource for business owners so they can gain access to the programs they need to succeed,” said Dusek.