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Dakota Business Finance

500 N. Western Avenue, Suite 100 • Sioux Falls, SD 57104
US
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As your local U.S. Small Business Administration (SBA) Certified Development Company, Dakota BUSINESS Finance works with local lenders to provide loans to small businesses to construct, purchase, or renovate a building, install leasehold improvements or long-term machinery and equipment. Typically, the lender will provide 50 percent of the financing; SBA/Dakota BUSINESS Finance will provide 40 percent of the financing; and the small business owner will contribute the remaining 10 percent.

SBA/Dakota BUSINESS Finance's portion of the project is a direct loan from SBA, which sells the loans as bonds (or debentures) to investors on a monthly basis.  Loan participants must be for-profit businesses and meet standards set by SBA.

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The GROW South Dakota Organizations have had a Remarkable Few Years!

NESDEC closed over 70 business loans for a total of $7.38M in 2023!

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GROW South Dakota

GROW South Dakota
104 Ash Street East
Sisseton, SD  57262
Phone (605) 698-7654
Fax (605) 698-3038 info@growsd.org