Start-Up Business Loans in Minot, ND
Ignite your idea's rocket boosters with up to $500,000
+ $20,000 in free digital marketing services
Start Your New Business Right
There's nothing more exciting than launching a new venture. There's also nothing worse than a great venture failing from lack of capital. With the right start-up business loan in Minot, ND & the right support team, the sky is not the limit. There are no
No Collateral? No Problem!
No need to pledge your spaceship—our unsecured loans are designed to let you focus on launching, not stressing.
Terms up to 10 Years
From liftoff to cruising altitude, our repayment options stretch up to 10 years, giving your business room to grow.
Funding at Light Speed2
Need funds fast? We’ll deliver in record time—because the universe waits for no entrepreneur.
Minot Business Loan Options
Fuel your entrepreneurial journey with StartCap! We offer services tailored to help your business grow and succeed. From funding solutions to expert advice, we’re here to power your next big move.
From idea to orbit, we've got you covered.
No matter where you're at in your journey, we have options to help you get to the next level.
Idea-Stage
Got a brilliant idea and ready to launch? We’ll help you get registered with your state and secure the funding you need to take off.
Early-Stage
Lifting off can be tough, but it doesn’t have to be. We’re here to give your new venture the boost it needs to soar.
Well-Established
Keep operations running seamlessly with the right funding for vendors, inventory, payroll—whatever your business needs to stay on course.
+ 3-Months of Free Digital Marketing
For a limited time, our expert in-house marketing team is offering 3 months of premium marketing services—valued at $20,000—to help drive leads and sales for your start-up, whether you're in Minot or nationwide.
Here's a truck load of stuff to get kicked off
Find Start-Up Business Loans
Near Minot, ND
In Minot or surrounding Ward County, StartCap offers funding and resources to help you succeed. Explore nearby cities we serve and let’s build something great! From Mandan to East Grand Forks and beyond, we've got you covered.
Start-Up Loan FAQ's
Minot, known for its Railway Museum and strategic Bakken oil region, presents unique challenges for entrepreneurs seeking start-up business loans. Local financial institutions often require extensive documentation, strong credit histories, and substantial collateral, making traditional lending pathways difficult for new business owners in Ward County, ND.
Here are a few local suggestions:- First International Bank & Trust at Main Street & Broadway Avenue
- Bank of North Dakota at East Central Avenue & South Broadway
- Minnkota Credit Union at South Broadway & East Burdick Expressway
- Gate City Bank at East Central Avenue & Eighth Avenue Northwest
StartCap understands the complex landscape of business funding in North Dakota. While local lenders have strict requirements, alternative financing options exist for innovative entrepreneurs willing to demonstrate robust business plans, potential market impact, and clear revenue projections in the Minot metropolitan area.
Note: StartCap is not associated with the above lenders in any way. Contact your local branch for the most accurate information & minimum requirements.Interest rates for start-up business loans in Minot, can vary widely based on the lender, loan type, and your personal credit profile. Traditional banks typically offer rates between 6% to 12% for well-qualified borrowers, though approval can be strict. SBA loans in Minot, which are popular for new businesses, generally have rates ranging from 7% to 13%, depending on the loan program. Alternative and online lenders may have higher rates, often between 6% to 30%, as they take on more risk, offer more flexible requirements, and time to funding is much faster. Alternatively, many business & personal credit cards have introductory rates starting at 0% for up to 2 years.
No, not always—it depends on the type of loan you're applying for. Some funding options require business registration, while others focus on personal credit, income, or assets instead. If your business isn’t registered yet, don’t worry! We can either guide you through the registration process or explore funding alternatives that don’t require it.
Yes, Minot, North Dakota offers several local start-up grant opportunities for emerging entrepreneurs. The North Dakota Development Fund provides targeted financing for small businesses in the region, offering competitive grants ranging from $5,000 to $50,000 for qualifying applicants with innovative business concepts.
Local resources like the Minot Area Chamber of Commerce and Job Development Authority also support new ventures through specialized economic development programs. Entrepreneurs can explore microloan opportunities, matching fund grants, and technical assistance designed to help launch and sustain small business initiatives in the local marketplace.
