Foundation Lien Negotiation North Dakota 
Buisness Facilities Contributed Content
APRIL 15, 2014
The allocation to each Public University which makes application shall be based on each Public University’s federally financed research and development expenditures as reported by the National Science Foundation. The terms are negotiated specific to each firm’s individual needs and situation with a maximum limit of 3% of Capital Expenditures.
Buisness Facilities Contributed Content
MARCH 21, 2014
The private sector participant finances 50 percent of the project cost and takes a first lien on assets pledged as collateral. The SBA takes a second lien on assets and finances up to 40 percent of the project cost, up to $1 million in some cases. Borrowers inject 10 percent in the form of cash or equity in real estate.
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