Best SBA lenders
Best SBA lenders in North Dakota
The SBA lenders that fund the most businesses in North Dakota, ranked by funded volume with each lender's charge-off track record.
By Mario Bailey · Source: SBA FOIA data, as of 2026-03-31
Dakota Business Lending funds the most SBA volume in North Dakota. Charge-off rates below are each lender's overall rate across all of its loans, as a track-record signal.
| # | Lender | Volume in North Dakota | Charge-off |
|---|---|---|---|
| 1 | Dakota Business Lending | $377.3M | 0.0% |
| 2 | Lake Agassiz Certified Development Company | $118.1M | 0.0% |
| 3 | Lewis & Clark Certified Development Company | $94.8M | 0.0% |
| 4 | Midwest Business Finance Corporation | $43.7M | 0.0% |
| 5 | Old National Bank | $39.6M | 0.7% |
| 6 | Alerus Financial, National Association | $28.5M | 0.4% |
| 7 | Red River State Bank | $16.7M | 0.0% |
| 8 | Aspire Bank | $14.6M | 0.0% |
Find the best fit for your business
Volume in North Dakota is a starting point. Narrow it to lenders active in your specific industry and loan size with Lender Match, or see the full North Dakota SBA lending data.
Ready to apply for an SBA loan?
Shortlist lenders with a strong track record in your state and industry, then get matched with SBA-approved lenders that fund businesses like yours.
Method and disclaimer. Ranked by funded SBA volume in
North Dakota from the public FOIA 7(a) and 504 data (as of 2026-03-31); see our
methodology. SBA Loan Index is
not affiliated with the SBA and is not a lender, broker, or financial advisor.