Main Street Loan

We have several loan programs to fit almost any business need – but don’t worry about figuring out which program you need, we will do that for you.  Learn more below about what makes Dakota Business Lending a great choice as a small business financing partner for lenders and borrowers.

Main Street Program - Supporting the entrepreneurial spirit

Why choose Main Street: Start-up and/or growing small businesses including home-based businesses may benefit from these fixed-rate loans to finance working capital, inventory and small equipment. Dakota Business Lending participates with local lenders and also makes direct loans to businesses.

The purpose of Dakota Business Lending Main Street Program is to encourage the creation, stability, and expansion of small businesses in North Dakota. The Main Street Program may provide financing in participation with a local economic development entity to assist emerging businesses as well as support their job retention mission. Dakota Business Lending intends to be an integral part of the economic growth and development of entrepreneurial activity in North Dakota.

Loan amounts: $1,000 - $50,000

Down payment: Minimum 10%

Eligible projects: Working capital, inventory, small equipment

Eligible businesses: Small Businesses (new or existing) operating in North Dakota. Talk with Dakota Business Lending for a complete list of eligibility requirements.

Collateral and security: Personal guaranty; 1st lien assets, cosigners, etc.

Terms: Working capital/inventory: 1-24 months; Equipment: 3-5 years

Rate: Fixed rate (established at time of loan approval)

Other Questions? 

Contact us to discuss project feasibility and details of this and other loan programs.


Download our Main Street Application & Application Checklist below, or better yet! Contact a loan officer in your area to jumpstart the process and have your application prefilled.

See Different Loans in Action