Business Banking - Business Loans

Dakotaland offers overdraft protection, Visa credit cards, lines of credit, intermediate term loans, and business mortgages for commercial real estate. To learn more about how Dakotaland can serve your business lending needs, please contact a business loan officer today.

The documentation required depends on the loan type and loan amount requested. We typically require two or three years of business and personal tax returns and a personal financial statement. Got questions? We've got answers. Give us a call at 800-440-6573.

The best advice is to plan ahead! We strongly recommend working with SD Small Business Center ( https://sdbusinesshelp.com), your attorney, and your accountant to prepare for all aspects of business ownership. Second, contact a business loan officer at Dakotaland to better understand your financing options.

Yes, your personal credit score and the payment history contained in your personal credit report will be part of underwriting your commercial loan application.

Yes, equity or a down payment is typically required for financing the acquisition of intermediate assets such as vehicles and equipment and long-term assets such as real estate. Equity requirements are typically 10% to 25%, depending upon the asset financed.

Yes, Dakotaland offers financing for your commercial construction project. The documentary requirements for commercial construction loans are very specific and may vary depending upon the type of property being constructed. To get the ball rolling, reach out to one of our experienced business loan officers today to better understand our requirements and how we may be able to help.