BND offers this loan by partnering with local lenders. To apply, contact your lender. If you have any questions, contact us or call (701) 328-5795.

Bank Participation Loan Application (PDF) Loan Renewal Application for Existing Participations (PDF) To ensure proper functionality, BND forms MUST be downloaded and then opened with your system’s PDF application. Click here for download instructions. If you are not able to access a PDF, please contact us for assistance.

BND will purchase Government Guaranteed Loans providing interest rate assistance.

Must be a term note with an FSA guarantee.

FSA-guaranteed portion of the loan

Interest rate and fees

Interest rate : BND purchases the loan guarantee at a fixed or variable rate which is established at the time of funding. Rate must be in compliance with FSA policy. A reasonable service fee may be added to BND’s net rate options. [Sycorr_RateTable guid="d509998c43700a706220df32146cf332"] Fees : The originating lender may charge the borrower an origination fee as allowed by FSA.