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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