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

Description

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.

Data provided by

HLC211 Helpline Center

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.

Dakota Business Finance | South Eastern Council of Governments