by LCD Staff | May 8, 2023 | Business Loans, Lewis & Clark CDC, Lewis & Clark Development Group, North Dakota Opportunity Fund, Small Business
An entrepreneurial immigrant couple is able to carve out a new opportunity for their trucking business thanks to the North Dakota Opportunity Fund. Upon earning his CDL/Class-A truck driving license in 2018, Sam Jalalvand went to work as a driver but was quickly taken...
by LCD Staff | Mar 22, 2023 | Business Loans, Lewis & Clark CDC, Lewis & Clark Development Group, News & Analysis, SBA 504 Loan, Small Business
(Credit: Forbes) – The U.S. Small Business Administration (SBA) helps business owners access the funds they need to get their businesses off the ground, expand and succeed. These loans are often easier to qualify for than some traditional loans. Still, SBA loan...
by LCD Staff | Mar 15, 2023 | Business Loans, Lewis & Clark Development Group, North Dakota Opportunity Fund, Small Business
Fargo dentist Austin Vetter recently found himself in an enviable position. His practice had outgrown its current location. New patients were coming in and his staff of 14 needed new space to accommodate demand. Vetter knew it was time to relocate. The decision was...
by LCD Staff | Feb 8, 2023 | Business Loans, Lewis & Clark Development Group, SBA 504 Loan, Small Business
Jim Mellon remembers the call well. It was 1966. A friend informed him that a bowling alley in Mandan, North Dakota was for sale and he should check it out. It could be a great opportunity, one you don’t want to pass up, the friend said. Looking back, Mellon...
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...
