Census figures for Williams County and ZIP 58801 frame the funding questions Williston, North Dakota owners bring to Willowpeak Capital Group, which passes requests to funding partners who decide.
At a glance
- Employer establishments, Williams County, ND
Williams County, ND: 1,652 employer establishments and 21,785 paid employees (CBP 2023)
- Businesses without paid employees, Williams County, ND
Williams County, ND: 3,303 businesses without paid employees (Nonemployer Statistics 2024)
- ZIP 58801
ZIP 58801 (Williston, ND area): 1,400 employer establishments (ZBP 2023)
Banks, Credit Unions and Online Lenders Serving Williston, ND Oilfield Service Companies
An oilfield service company in Williston, ND can borrow from a community bank, a credit union, an equipment lender, a dealer's finance arm or an online lender, and some requests reach the state-owned Bank of North Dakota through a local lender. According to the Bank of North Dakota, all of its business lending programs work with the local lender as the borrower's first contact.
Willowpeak Capital Group sits outside that list. It gathers the request, the unit and the figures, and passes them to funding partners, who review the request and make their own decision. The North Dakota lender types guide sets out each type.
Williston, ND Business Loans for Repair Shops and Contractors: Tool Upgrades and Excavators
A repair shop upgrading its tools and a contractor buying an excavator both have an equipment request with a dealer quote behind it. Williams County, ND had 43 automotive repair and maintenance shops and 144 construction employer establishments in 2023, and 23 commercial and industrial machinery repair shops (County Business Patterns).
Tool upgrades and excavators go on equipment financing. The auto repair page and construction page have examples.
Williston, ND Commercial Real Estate: Budgeting a Patio Build-Out After the Keys Change Hands
Buying or leasing commercial space and paying for what goes into it are separate requests. The property purchase is for a commercial mortgage lender, which Willowpeak does not arrange. The build-out, the patio, the kitchen and the fixtures that come after the keys change hands can be a term loan or equipment financing.
The City of Williston, ND runs a Renaissance Zone program, which its Planning and Zoning page describes as offering financial incentives to encourage investment downtown. Ask the city whether a property qualifies before pricing the build-out.
Small Business for Sale Williston, ND: Budgeting Technician Payroll After the Keys Change Hands
A small business for sale in Williston, ND comes with equipment, a lease, customers and staff. Buying a repair shop means paying the price and then carrying technician payroll while the shop settles under new ownership. The price fits a term loan; the first months of payroll fit working capital.
Ask the seller for three years of returns, the equipment list and the payroll records. The term loan page covers what a partner reads.
Restaurants in Williston, ND and a Restaurant Budgeting for Hood Repairs
A restaurant budgeting for hood repairs has an urgent fix with no asset behind it, which points to a credit line or, with steady card sales, a card-sales advance, which is not a loan. A new hood system with a fan and suppression is equipment.
Williams County, ND had 76 restaurants and other eating places with paid employees in 2023, and 109 accommodation and food services establishments had a ZIP 58801 address (County and ZIP Code Business Patterns).
Williston, ND Stores and What They Borrow For
Williams County, ND stores sell clothing, furniture, building supplies, fuel and groceries, and each kind needs different money: stock for clothing and furniture stores, equipment for fuel stations, fixtures for any store that remodels.
In 2023, 127 retail employers had a ZIP 58801 address (ZIP Code Business Patterns). County-wide, Williams County, ND had 13 clothing and clothing accessories stores, 8 furniture and home furnishings stores and 21 building material and garden supply dealers (County Business Patterns).
Williams County, ND Payroll by Sector: Where the Oil and Gas Figures Sit
The table lists the ten sectors with the largest annual payroll in the county in 2023. Mining, quarrying, and oil and gas extraction led on payroll and on employees. Professional, scientific and technical services had the most establishments, 182, with mining, quarrying, and oil and gas extraction second at 165.
| Sector | Establishments | Paid employees | Annual payroll |
|---|---|---|---|
| Mining, quarrying, and oil and gas extraction | 165 | 5,844 | $764 million |
| Construction | 144 | 2,678 | $280.2 million |
| Wholesale trade | 143 | 1,732 | $155.1 million |
| Transportation and warehousing | 153 | 1,462 | $150.5 million |
| Health care and social assistance | 94 | 1,702 | $111.5 million |
| Retail trade | 144 | 2,252 | $96.9 million |
| Real estate and rental and leasing | 120 | 901 | $88.1 million |
| Accommodation and food services | 130 | 1,895 | $49.3 million |
| Professional, scientific, and technical services | 182 | 518 | $46.1 million |
| Administrative, support and waste services | 67 | 542 | $39.8 million |
All sectors together: 1,652 employer establishments, 21,785 paid employees and $1.9 billion in annual payroll; 846 of the establishments, 51.2%, had fewer than five employees (County Business Patterns 2023).
Willowpeak Capital Group on Main Street in Williston, ND: Phone and Office
The Willowpeak Capital Group office address is 102 Main St, Williston, ND 58801. Call (701) 394-9162 or use the web form; requests can be sent by phone or through the form from anywhere in the county.
The contact page has the phone line and the form, and the steps show what happens after a request is sent.
Longer Williston, ND reads cover who finances pulling units and vac trucks, how contractors carry payroll through a late payment, how repair shops pay for heavy-duty lifts, how a card-sales advance is collected, what lenders read in an application and when a machine needs added collateral.
Trades That Can Ask About Funding Around the Williston, ND Area
Funding questions are welcome from Williston, ND owners in nearly every field, among them contractors and construction trades, restaurants and food service, medical and dental practices and retailers and wholesalers that carry stock. The partner reading the file settles each request on its own policy.
Records to Have on Hand for a Williston, ND Company
- Bank statements for each account the business uses with no pages left out
- The tax return the business filed last, with personal returns ready in case a partner asks
- An income statement that is up to date, paired with a recent balance sheet
- Registration papers for the business, with the IRS letter that assigned the EIN
- Details of every current loan or lease, with the lender and monthly amount of each
- The dealer's quote for the equipment that gives the model and the price
The documents a partner wants vary, so read this list as a common starting set. A fuller document guide explains what each paper shows a partner.
Steps After a Request for Firms in Williston, ND
- Speak with the office at (701) 394-9162 or send the form and name what the money will pay for.
- Next, the request is sent to partners that fund that kind of purpose.
- Each partner reads the file; the partner alone decides.
- An offer, if one comes, needs a careful look at cost and terms; going ahead is up to you.
Williston, ND business owners can do the whole request by phone or online.
By Willowpeak Capital Group ยท Updated
