LCD GROUP NEWS
News, Upcoming Events, and Announcements
NPFIF funding helps Klein Fresh Meats open, expanding consumer options throughout north-central North Dakota
After more than 20 years in the meat processing industry, Casey Klein’s long-held dream of opening his own meat shop became reality in July with the opening of Klein Fresh Meats in Minot. Lewis & Clark Development Group was on hand to celebrate alongside Klein, his family, and his employees. The project marks another successful meat-processing business financed through the Northern Plains...
Federal Reserve Report: How North Dakota’s population boom impacted housing
North Dakota has experienced historic, rapid population growth over the last two decades. While this boom fueled incredible economic expansion, it also brought unprecedented pressure to local housing markets. A new report from the Federal Reserve Bank of Minneapolis details how the state's housing sector responded to this surge. Key takeaways from the research include: A Building Surge: Rapid...
Breaking the bottleneck: How creative financing fueled BT Truck Repair’s expansion
Biya Buta and Carolyn Moore moved to Bismarck 14 years ago with hopes of expanding opportunities for their family and business. Since establishing Bountiful Trucking in 2013, Buta has expanded from a solo owner-operator to a strong fleet of 11 trucks and over 20 trailers. They now serve as a key transportation partner for several regional manufacturers and distributors. However, rapid growth...
Rural Health Transformation Grant: New funding available for schools, hospitals, and care systems
In rural North Dakota, the vitality of communities largely relies on strong local schools and healthcare services. To fill urgent needs in wellness, staffing, and technology, Lewis & Clark Development Group is happy to support applicants by providing access to the latest funding options via the Rural Health Transformation Grant program. "Healthy communities begin with healthy students,...
LCD Group’s CDFI recertification will keep vital capital flowing across North Dakota
Lewis & Clark Development Group (LCD Group) is pleased to announce that it has officially been recertified as a Certified Development Financial Institution (CDFI) with the U.S. Department of the Treasury. Offering Crucial Access First certified as a CDFI in 2004, LCD Group serves North Dakota homeowners and developers as a specialized financial institution dedicated to revitalizing...
Expanding horizons: SBA 504 and Flex PACE powers growth for All Season Golf Cars
When it comes to keeping golf courses, businesses, and recreational riders moving across the Upper Midwest, All Season Golf Cars, with locations in Bismarck and West Fargo, has built a powerful reputation for always treating customers like family. Established in 2002 by Allen and Dawn Pritchard as a small engine repair shop, the business expanded into a premier golf cart sales, parts, and...
How low-interest capital is helping meat processors overcome the squeeze
Independent meat and poultry processors across North Dakota, South Dakota, Montana, and Minnesota are navigating one of the toughest economic environments in decades. Decade-high interest rates and skyrocketing construction costs have severely constrained growth, even as the region's agricultural sector faces historic supply pressures. A Perfect Storm of Shortages and Challenges Multi-year...
SBA changes alleviate frustrations, simplify funding for small businesses
For small businesses, navigating federal loan limits has long felt like trying to fit a square peg into a round hole. A small business expanding its footprint often needs real estate financing alongside substantial working capital, but it often hits the federal ceiling too quickly. A recent change by the federal Small Business Administration (SBA) will make this frustration a thing of the past...
AHDI joins LCD Group, leading to creation of Lewis & Clark Housing Developers
Lewis & Clark Development Group is proud to announce that Affordable Housing Developers, Incorporated (AHDI) has joined the organization, further expanding its reach to provide attainable and affordable housing for residents across North Dakota. Effective May 1, LCD Group acquired AHDI’s nine multifamily properties, totaling 116 units, in Mandan, Minot, Dickinson, Williston, Hebron,...
Restructuring to meet growth: LCD Group promotes Berger, hires Oien
Lewis & Clark Development is pleased to announce another staff promotion and a new addition. LCD Group recently created the role of Human Resources Director. Up until then, HR duties were handled by Erika Anderson, LCD Group’s operations director, but steady staff and portfolio growth necessitated the creation of the separate role. “We’re quickly evolving as an organization,” says Brent...
