South Dakota Commercial MortgageA commercial mortgage is a loan used to purchase a commercial property such as a mini-storage, golf course, and/or a mix used building. Historically, South Dakota has been known for its agriculture and rural lifestyle. Until recently, in order to retain more residents, South Dakota sought to diversify its economy to include the service industry. The service industry is the largest industry in South Dakota. This sector includes the retail, finance, and health care industries. Government spending is also an important factor in South Dakota's economy. Ellsworth Air Force Base is the second-largest single employer in the state. One of the largest tourist events in the state is the annual Sturgis Motorcycle Rally. The three-day event drew over 450,000 attendants in 2006, significant considering the state has a population of only 750,000. Whether you live in North Dakota or South Dakota if you are interested in owning a business property in either state, then Lender411 can help you find the best commercial mortgage rates. You can start by filling out the form above. |