RECENT LOANS
Features
Current Rates
May 2023 |
|
6.026% |
504 25-Year Term |
6.079% |
504 20-Year Term |
6.054% |
504 10-Year Term |
News
AWARDS
Spotlights
Dakota Business Finance Awarded SD SBA 504 Lender of the Year 2022
Dakota BUSINESS Finance was the #1 CDC in South Dakota for both dollar volume and loan volume. Dakota BUSINESS Finance assisted 52 businesses in South Dakota secure over $44 million in SBA 504 loan financing.
2022 Lender of the Year
First Dakota National Bank
2022 Individual Lender of the Year
Travis Olsem of American Bank & Trust
2022 Friend of Dakota Business Finance
Trisha Viss of First Interstate Bank
2021 1st Place SD - Community Investment Award - Tea
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.
2021 2nd Place SD - Community Investment Award - Mitchell
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.
2021 1st Place IA - Community Investment Award - Milford
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.
2021 2nd Place IA - Community Investment Award - Spirit Lake
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
2021 1st Place MN - Community Investment Award - Luverne
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.
2021 2nd Place MN - Community Investment Award - Lismore
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.
2022 1st Place SD - Community Investment Award - Tea
Dakota BUSINESS Finance awarded the City of Tea with the $10,000 1st place prize in South Dakota. Four SBA 504 loans were approved in Tea.
2022 2nd Place SD - Community Investment Award - Brandon
Dakota BUSINESS Finance awarded the City of Brandon with the $5,000 2nd place prize in South Dakota. Three SBA 504 loans were approved in Brandon.
2022 1st Place IA - Community Investment Award - Arnold's Park
Dakota BUSINESS Finance awarded the City of Arnold's Park with the $5,000 1st place prize in Iowa. Two SBA 504 loans were approved in Arnold's Park.
2022 2nd Place IA - Community Investment Award - Larchwood
Dakota BUSINESS Finance awarded the City of Larchwood with the $1,000 2nd place prize in Iowa. Two SBA 504 loans were approved in Larchwood.
2022 1st Place MN - Community Investment Award - Balaton
Dakota BUSINESS Finance awarded the City of Balaton with the $1,000 1st place prize in Minnesota. One SBA 504 loan was approved in Balaton.
2022 2nd Place MN - Community Investment Award - Worthington
Dakota BUSINESS Finance awarded the City of Worthington with the $500 2nd place prize in Minnesota. One SBA 504 loan was approved in Worthington.
