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ND

North Dakota Advance ND Program

Low-interest deal-closing loans for companies considering significant new industrial projects in North Dakota.

About this program

Advance ND is a North Dakota Development Fund program that awards low-interest loans to companies considering new industrial projects in North Dakota that contribute significant capital investment, add value to North Dakota resources, and create employment opportunities.

Eligibility

Companies with new industrial projects in North Dakota that create jobs, add value to state resources, and meet program underwriting requirements.

Requirements

  • Demonstrate competitive project need and economic development benefit
  • Submit financing package, business plan, project budget, jobs, investment, and ownership information
  • Meet underwriting, collateral, guaranty, interest, and performance requirements