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Loan Program FAQs

Frequently Asked Questions

Here are answers to common questions about the New Beginnings Loan Program. If you don’t see what you’re looking for, feel free to reach out—we’re here to help you succeed.

New Beginnings partners with local banks by purchasing a portion of your loan, reducing the amount of cash or equity you need. This helps you qualify for financing while your bank manages the loan process.

We work with local banks to help reduce the cash or equity you need for a loan. This makes it easier for you to get financing and grow your business.

Our program supports loans for working capital, equipment, construction, or real estate—whether you’re starting or expanding your business.

Any business in Rolette County planning to hire Turtle Mountain tribal members or descendants may qualify. Your business doesn’t have to be tribally owned or located on the reservation.

Meet with your banker and begin their loan process. If they need help, they will contact New Beginnings for support. You can also reach out to the TM Entrepreneurial Development Center at 701-477-3101 for startup help.

Participating Banks:
Turtle Mountain State Bank at 701-477-5995
Dacotah Bank at 701-477-3175
Starion Bank at 701-401-5850
Rolette State Bank at 701-246-3395
First Community Credit Union at 701-665-1313

Start Here.

Is your business ready for a loan? Ask your bank.

Investing in Turtle Mountain’s Future—Start Your Business Journey Today.