Dakota Business Lending
BankingNorth Dakota, United States11-50 Employees
Dakota Business Lending is a private, not-for-profit financial institution based in Fargo, North Dakota, founded in 1982. It is the oldest and most experienced 504 CDC in North Dakota and serves as a key small-business lender in its regional footprint. Since its inception, the organization has provided more than $600 million in loans and supported projects totaling over $1.2 billion in impact. The company serves North Dakota, South Dakota, Montana, and Minnesota, and aims to serve as a key resource for small businesses and for lenders, economic development professionals, and entrepreneurs. Recent activity includes a 2023 partnership with Goldman Sachs to broaden access to capital, and the 2022 launch of the Entrepreneur District in Fargo to promote collaboration.