by LCD Staff | Feb 22, 2021 | Business Loans, Lewis & Clark CDC, Lewis & Clark Development Group, Lewis & Clark RDC, North Dakota Opportunity Fund, Programs, SBA 504 Loan, Small Business
One of the most important things for small business are their small business loans. A small business loan is exactly what it sounds like – a loan designed to help a small business succeed in its business venture. Traditionally, they work where the bank gives a small... 
by LCD Staff | Jan 25, 2021 | Business Loans, Lewis & Clark CDC, Lewis & Clark Development Group, SBA 504 Loan, Small Business
Small businesses face many difficulties but, when they thrive, so do local communities. One key tool that helps small businesses thrive are SBA loans. The SBA 504 is a loan designated for a small business but doesn’t come from a traditional bank. There are many... 
by LCD Staff | Jan 11, 2021 | Business Loans, Lewis & Clark CDC, Lewis & Clark Development Group, SBA 504 Loan, Staff
Tracy Whitney, Lewis & Clark Development Group’s SBA 504 Loan program officer, has retired from his day-to-day responsibilities but will continue as a consultant and senior advisor to the organization. Whitney has 30 years of commercial lending experience. He... 
by LCD Staff | Dec 17, 2020 | Business Loans, Lewis & Clark Development Group, SBA, SBA 504 Loan, Small Business, Small Business Administration
SBA loans are loans for small businesses that come from outside of a traditional bank. The SBA 504 loan in particular is designed to act as a fixed interest loan, which allows a small business to establish or expand itself. This, as a small business does for any... 
by LCD Staff | Nov 24, 2020 | Business Loans, Lewis & Clark CDC, Lewis & Clark RDC, SBA 504 Loan, Small Business
Small businesses are the backbone of many countries’ economies. In the United States, they employ half of the population and create up to 60 percent of all new jobs. North Dakota is one of the states with the highest number of small businesses making up more than 97... 
by LCD Staff | Oct 26, 2020 | Business Loans, Lewis & Clark CDC, SBA, 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... 