LOAN AMOUNT (UP TO):
$100,0000
DETAILS:
The Business Development Loan Program assists new and existing businesses to obtain loans that have a higher degree of risk than would normally be acceptable to a lending institution. It may be used to start or expand a new business or for refinancing.
ELIGIBILITY:
1. The business must be located in North Dakota.
2. The financial condition or the nature of the industry must lead to a higher credit risk than would normally be acceptable to a lending institution.
BND offers this loan by partnering with local lenders. To apply, contact your lender.