by LCD Staff | Dec 20, 2022 | Business Loans, Lewis & Clark Development Group, North Dakota Opportunity Fund, Programs, Small Business
Two western North Dakota businesses have benefitted from the North Dakota Opportunity Fund’s Collateral Support Program. The new program was created in May in response to interest from lenders across the state. The program establishes pledged case collateral...
by LCD Staff | Dec 13, 2022 | In the News, Lewis & Clark Development Group, News & Analysis, News of Interest, North Dakota, Small Business
(Source and Credit: The Center Square) – Small businesses in rural North Dakota are having a difficult time attracting and retaining workers, forcing some businesses to completely overhaul the way they operate. “Whether it’s in rural communities or in larger...
by LCD Staff | Dec 2, 2022 | Lewis & Clark Development Group, Lewis & Clark RDC, Meat & Poultry Intermediary Lending Program, North Dakota, Small Business
USDA Rural Development has awarded $10 million to Lewis & Clark Development Group to create a new Revolving Loan Fund (RLF) for North Dakota’s meat and poultry industry. The grants are part of the Meat and Poultry Intermediary Lending Program (MPILP), which...
by LCD Staff | Nov 21, 2022 | Business Loans, Lewis & Clark Development Group, North Dakota Opportunity Fund, Small Business
A long-time employee is now a small business owner, thanks to financing assistance from the North Dakota Opportunity Fund. Creative Elements has been providing hair, beauty, skin care, and spa services in Williston for more than 15 years. For more than ten of those...
by LCD Staff | Oct 25, 2022 | Business Loans, Lewis & Clark Development Group, SBA 504 Loan, Small Business
Lewis & Clark Development Group is closing out the federal fiscal year having processed $4.9 million in SBA 504 loans. The small businesses that have benefited from the loans run the gamut and touch on almost every economic sector. One of the most unique...
by LCD Staff | Oct 18, 2022 | Business Loans, Lewis & Clark Development Group, North Dakota Opportunity Fund, Small Business
Back in May, after interest from lenders across the state, the North Dakota Opportunity Fund (NDOF) Steering Committee created a collateral support program. The program establishes pledged case collateral accounts with lending institutions within the NDOF’s...
