by LCD Staff | Jun 14, 2022 | Business Loans, Economic Development, Lewis & Clark Development Group, SBA 504 Loan, Small Business
John and Kim Roswech were like many other families living in the daily hustle and bustle of the Northeast. John had a successful job in New York City as an executive in a technology company. Kim was a stay-at-home mom whose days were filled with caring for their...
by LCD Staff | Jun 9, 2022 | Business Loans, Economic Development, Lewis & Clark Development Group, North Dakota Opportunity Fund, Small Business
The North Dakota Opportunity Fund (NDOF) Steering Committee voted at its May meeting to create a collateral support program. It is the first ever addition to the fund. North Dakota Opportunity Fund was born out of the Small Business Jobs Act of 2010, which allowed for...
by LCD Staff | Mar 29, 2022 | Business Loans, Lewis & Clark CDC, Lewis & Clark Development Group, News of Interest, SBA 504 Loan, Small Business
President Biden signed into law on March 15 the fiscal 2022 omnibus spending package, which boosted the authorization levels for the SBA 504 Loan program. The action secures funding for the program through September 30 when the federal fiscal year ends. “There...
by LCD Staff | Mar 1, 2022 | Business Loans, Lewis & Clark Development Group, North Dakota Opportunity Fund, Small Business
Since its founding in 2010, NDOF has been a loan participation leveraging private financing to help small business owners attain loans and investments to expand existing jobs and create new jobs. NDOF is available in 38 municipalities throughout North Dakota. Lewis...
by LCD Staff | Feb 22, 2022 | Business Loans, Lewis & Clark Development Group, North Dakota, SBA 504 Loan, Small Business
With the start of a new year many small business owners and entrepreneurs are working at implementing their goals for 2022. One of the most common goals is to expand business but, for the second January in a row, many small businesses are dealing with uncertainties...
by LCD Staff | Feb 15, 2022 | Business Loans, Lewis & Clark Development Group, North Dakota Opportunity Fund, Small Business
The North Dakota Opportunity Fund enters its tenth year in hot demand. Last year was the busiest in the program’s history and all indications are 2022 will be no different. This past month, NDOF recently participated in a financing package for Xiphos Technical...
