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ND

Bank of North Dakota Beginning Entrepreneur Loan Guarantee Program

Designed to assist new retail and other businesses in start-up financing by providing a financial institution with an 85% loan guarantee of up to $100,000.

About this program

Visit the program website for full details.

Eligibility

Beginning entrepreneurs starting a new business in North Dakota. Applicant must be working with a participating financial institution. Loan proceeds used for business start-up purposes including retail operations.

Requirements

  • Must be a beginning entrepreneur starting a new North Dakota business
  • Must work with a participating financial institution
  • Loan not to exceed $100,000