1. Your Financing Toolbox EDND 2015 Summer Conference June 25, 2015

2. About Dakota CDC Provide opportunities for entrepreneurs and small business owners achieve their dreams through unique & creative financing packages Collaborate with lenders, borrowers, economic development professionals and other partners throughout ND & western MN Since 1983, have delivered over $450 million in small business loans with total project financing impact of over $1 billion! 2

3. What’s in your Financing Toolbox? 3

4. Our loan programs The Heavy Hitter SBA 504 Generally well known Owner occupied real estate, real estate improvements and equipment Lower down payment (starting at 10%) Below market, fixed interest rate for 10 or 20 year term (June = 4.37% & 5.06% respectively) Works in conjunction with primary lender Up to ~$5,000,000 loan (~$12,000,000 total project) General eligibility = job creation, rural development, & several other public policy objectives 4

5. Our loan programs Multipurpose Revolving loan funds SBA ILP (Bismarck, Fargo, Grand Forks, Minot) USDA Rural Development IRP (Pop. < 50,000) USDA Rural Development RBEG (Billings, Dunn, Slope, Hettinger, Sioux, McHenry, Rolette, Pierce & Benson) Real estate, equipment, inventory, working capital, some debt re-fi & other general business purposes Min 10% down Competitive, fixed interest rate for terms up to 15 years depending on program & use Can work with primary lender, as gap financing or independently Up to $250,000 loan 5

6. Our loan programs Special Purpose Dakota Medical Foundation & Impact Foundation IRP’s Health & safety projects in rural communities (pop.<50,000) For-profit & non-profit entities Real estate, equipment, leasehold improvements, working capital Min 10% down Competitive, fixed interest rate for terms up to 15 years depending on program & use Can work with primary lender, as gap financing or independently Up to $150,000 DMF / $250,000 Impact loans 6

7. Our loan programs Small jobs Main Street Working capital, equipment/machinery Min 10% down Competitive, fixed interest rate for up to 5 year term Can work with primary lender, as gap financing or independently Up to $35,000 loan Kiva Zip Crowd funding, online platform 0% interest, no fees, 2 year term Up to $5,000 loan Support network 7

8. Putting it all together Eligibility criteria & plenty of details for all programs It usually takes multiple tools to come up with the best answer Have an idea of the programs available & then…. Call us to work through the details 8

9. Putting it all together 9

10. Why we do what we do! 10

11. For more information 11 Roxi Pfliiger 701.364.0197 roxi@dakotacdc.com Christie Williams 701.364.1912 christie@dakotacdc.com Steve Dusek 701.364.1911 steve@dakotacdc.com Phone: 701-293-8890 Toll Free: 1-800-611-8997 www.dakotacdc.com Follow us on: