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Dakota Business Finance | South Eastern Council of Governments

500 N. Western Avenue, Suite 100, Sioux Falls, SD 57104

Eligibility
For profit businesses in South Dakota and some bordering counties in MN, IA, and NE.
Hours
8:00am - 5:00pm (CT), Monday - Thursday 8:00am - 12:00noon (CT), Friday
Application process
Call for information
Fees
Charged as a portion of the loan.
Service area
SD

Other Information

Age Group

  • Young Adults (18-24)
  • Adults (25-64)
  • Older Adults (65+)
In partnership with the US Small Business Administration, Dakota Business Finance provides financing for a wide range of businesses through the SBA 504 Loan Program. The program provides fixed rate financing at below market rates for the purchase of long-term assets such as the purchase of land, purchase and construction of buildings, renovating or remodeling existing facilities, and/or purchase of long-term machinery and equipment.
Last Assured
10/02/2025
Providing organization
South Eastern Council of Governments

Planning and development district that serves Clay, Lincoln, McCook, Minnehaha, Turner, and Union Counties as well as the municipalities within those counties.