The answer to your business finance needs. Learn how these low interest, fixed-rate small business loans can help you reach your goals. Stay in touch by signing up for our email list. It's the easiest way for us to keep you up-to-date on all of the great work we're doing at the South Dakota Development Corporation.
Created for South Dakota in 1983, we help new and existing businesses realize their potential with low interest rate loans. If you're interested in an SBA 504 Loan or have questions about loans, rates or the application process - we want to hear from you.
Created for South Dakota in 1983, we help new and existing businesses realize their potential with low interest rate loans. If you're interested in an SBA 504 Loan or have questions about loans, rates or the application process - we want to hear from you.
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The South Dakota Development Corporation was created for you and South Dakota. Former Governor Bill Janklow saw enormous potential for both small businesses and primary lenders in South Dakota through the Small Business Administration 504 program. Recognizing the federal program was underused, he worked with the private sector to help form the SDDC.
At the South Dakota Development Corporation, our Board of Directors works tirelessly to achieve our organization's main mission: "benefit the state of South Dakota by fostering increased employment opportunities and expansion of business and industry for the citizen of this state."
The Board of Directors is made up of members from across South Dakota's many communities and each individual is committed to helping the state's small businesses grow to their full potential.
The Board of Directors is made up of members from across South Dakota's many communities and each individual is committed to helping the state's small businesses grow to their full potential.
We take great pride in the fact that we're able to help South Dakota business owners succeed. Keep reading to see how we've helped make a difference, then reach out and let us know how we can help you. The SBA 504 allowed us to expand our car dealership and the long-term financing was key to our ability to expand.
Our mission is simple: help small business be their best. We do that by providing low interest, fixed-rate small business loans called SBA 504 loans. We provide 10, 20 or 25 year terms, so you can apply for the loan best suited for you. Borrowers can apply for loans ranging from $100,000 to $5 million, so no matter the business, we're able to help provide the funding that fits into your plans.
The South Dakota Development Corporation is committed to providing a simple, straightforward loan application process. You may view and print the application as a PDF file using Adobe Reader. Please note that while you may type your information onto this application and then print it, once you leave the site the information will not be saved.
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