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ND
Bank of North Dakota Business Development Loan Program
The BND Business Development Loan Program assists new and existing retail and other businesses in obtaining loans with a higher degree of risk than normally acceptable to a lending institution, with total outstanding loans capped at $25 million statewide.
About this program
Visit the program website for full details.
Eligibility
New and existing North Dakota businesses including retail operations that have higher-risk loan profiles. Must work with a participating lender.
Requirements
- Business must be located in North Dakota
- Loan must be originated through a qualified lender
- Must demonstrate viable business operations