← Back to Blog
ND
Last updated: July 11, 2025
North Dakota Business Funding Guide
North Dakota offers a unique small business lending landscape in 2025 thanks to its publicly owned Bank of North Dakota. Average SBA loan amounts reach $585,000, and lending is well-distributed even in rural areas. With a strong support network and stable economic sectors like banking, energy, and agriculture, North Dakota is an excellent choice for accessing business loans.
780,626
Population
585000
Avg. Funding Amount
Banking
Business Climate
3
Major Cities
Major Business Centers
Fargo
Bismarck
Grand Forks
Top Business Funding Topics for North Dakota
Essential reading for North Dakota entrepreneurs seeking business funding
Merchant Cash Advance
#1
Everything you need to know about merchant cash advances, including how they work, costs, benefits, and alternatives - Specifically tailored for North Dakota businesses and market conditions.
12 min read
Read Guide