RECENT LOANS

Features

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Paula Brown of CorTrust Bank worked with Dakota BUSINESS Finance to assist Grand Fun Alley Learning Center with an SBA 504 loan for the purchase of a building in Brandon, SD for the business to expand to its second daycare location.

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Dakota BUSINESS Finance worked with Bradley Meester of First State Bank Southwest to assist ABRA Auto Body & Glass Worthington with an SBA 504 loan for the purchase of a building in Worthington, MN.

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Jaden Holzer of CorTrust Bank worked with Dakota BUSINESS Finance to assist Aladdin Capital with an SBA 504 loan for the purchase and renovation of a building in Sioux Falls, SD.

Current Rates

 

September 2022

5.440%

504 25-Year Term 

5.343%

504 20-Year Term

5.332%

504 10-Year Term 

View Additional Rate Information

News

AWARDS

Spotlights

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Dakota Business Finance Awarded SD SBA 504 Lender of the Year 2021

Dakota BUSINESS Finance was the #1 CDC in South Dakota for both dollar volume and loan volume. Dakota BUSINESS Finance assisted 95 businesses in South Dakota secure over $65 million in SBA 504 loan financing.

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2021 Lender of the Year

First Dakota National Bank

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2021 Individual Lender of the Year

Melissa Fossell of First Bank & Trust

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2021 Friend of Dakota Business Finance

Dale Zomer of NAI Sioux Falls

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Tea receives 2021 Community Investment Award- 1st Place SD

Dakota BUSINESS Finance awarded Tea Economic Development Corporation with the $10,000 first place prize in South Dakota. Eight loans were provided in the City of Tea.

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Mitchell receives 2021 Community Investment Award- 2nd Place SD

Dakota BUSINESS Finance awarded Mitchell Area Development with the $5,000 second place prize in South Dakota. Four loans were provided in the City of Mitchell.

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Milford receives 2021 Community Investment Award- 1st Place IA

Dakota BUSINESS Finance awarded Iowa Lakes Corridor Development Corporation with the $5,000 first place prize in Iowa. Two loans were provided in the City of Milford.

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Spirit Lake receives 2021 Community Investment Award- 2nd Place IA

Dakota BUSINESS Finance awarded Iowa Lakes Corridor Development Corporation with the $1,000 second place prize in Iowa. One loan was provided in the City of Spirit Lake

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Luverne receives 2021 Community Investment Award- 1st Place MN

Dakota BUSINESS Finance awarded Luverne Economic Development Authority with the $1,000 first place prize in Minnesota. One loan was provided in the City of Luverne.

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Lismore receives 2021 Community Investment Award- 2nd Place MN

Dakota BUSINESS Finance awarded the City of Lismore with the $500 second place prize in Minnesota. One loan was provided in the City of Lismore.