Bank of North Dakota expands loan options for tech firms

BISMARCK – The Industrial Commission approved a Bank of North Dakota (BND) request to expand the parameters of the Accelerated Growth Loan Program. The expansion enables technology companies to utilize an increased amount of monthly recurring revenues as a repayment source that allows the loan limit to grow with the company. In addition, BND is increasing its allocation of available funding f...

Premium Content is available to subscribers only. Please login here to access content or go here to purchase a subscription.