Choice Financial Group

ND

SBA-approved lender offering 7 loan programs across 15 industries.

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Key Metrics

Interest Rate

7.89%

1.14% over prime

Average Loan

$520K

Per approval

Total Approvals

28

FY 2025

Loan Programs (7)

7a with WCP
Existing or more than 2 years old
Fixed Rates
Loan Funds will Open Business
New Business or 2 years or less
Preferred Lenders Program
Change of Ownership

Industries Served (15)

All Other Miscellaneous Fabricated Metal Product ManufacturingAll Other Miscellaneous ManufacturingAll Other Miscellaneous Wood Product ManufacturingConstruction Machinery ManufacturingData Processing, Hosting, and Related ServicesFitness and Recreational Sports CentersFlooring ContractorsFull-Service RestaurantsLimited-Service RestaurantsMaterials Recovery FacilitiesMobile Food ServicesResidential RemodelersSolid Waste CollectionSports and Recreation InstructionWholesale Trade Agents and Brokers

Additional Details

Prime Rate
6.75%
Rate Over Prime
1.14%
Effective Rate
7.89%
Fiscal Year
2025
States Served
ND

Ready to apply with Choice Financial Group?

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