Business Development Loan Program (North Dakota)
Last modified on February 12, 2015.
|Name||Business Development Loan Program (North Dakota)|
|Policy Category||Financial Incentive|
|Policy Type||Loan Program|
|Affected Technologies||Biomass/Biogas, Coal with CCS, Concentrating Solar Power, Energy Storage, Fuel Cells, Geothermal Electric, Hydroelectric, Hydroelectric (Small), Natural Gas, Nuclear, Solar Photovoltaics, Wind energy|
|Program Administrator||Bank of North Dakota|
The Business Development Loan Program assists new and existing businesses in obtaining loans that would have a higher degree of risk than would normally be acceptable to a lending institution. Business may use the loan for a variety of purposes, including establishing or purchasing a business, financing the acquisition of real property, expanding a business, or for working capital.
|Department||Bank of North Dakota|
|Address||1200 Memorial Hwy|
|Address 2||PO Box 5509|
|Place||Bismarck, North Dakota|
|Phone 2||800.472.2166 ext. 328.5777|