by LCD Staff | Oct 26, 2020 | Business Loans, Lewis & Clark CDC, SBA 504 Loan, Small Business
Small businesses are the backbone of the American economy, but many banks turn down or reject loans for small businesses. This makes the issue of small business lending one that has to evolve outside of the institution of a traditional bank. Luckily, the development...
by LCD Staff | Oct 20, 2020 | Business Loans, Coronavirus, Featured Covid-19 News, NDOF Disaster Loan Assistance Program, North Dakota, Programs, Small Business
Seven business have been approved and have benefited from the North Dakota Opportunity Fund (NDOF) Disaster Loan Assistance Program. The program was created on March 26, 2020 to assist small businesses impacted by the COVID-19 pandemic. Matt Burthold is LCD...
by LCD Staff | Oct 13, 2020 | Business Loans, Lewis & Clark Development Group, SBA 504 Loan, Small Business
Lately, times have not been easy in the Bakken region. Oil activity was already slowing down before the COVID-19 pandemic hit. For many, it felt like the rug was pulled from underneath them. For those with longer memories, comparisons to the last slowdown were...
by LCD Staff | Oct 6, 2020 | Business Loans, Coronavirus, EDA CARES, Featured Covid-19 News, Programs, Small Business
(Source: NBC North Dakota News) — Entrepreneurs took a hit to the wallet thanks to the pandemic. North Dakota small business owners now have access to funds that might help them deal with the financial impacts of COVID-19. As part of the CARES Act the federal...