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Williams County Abstract Company

After many years of working at Williams County Abstract Company - a locally-owned, full-service title company that has been serving Williams County, North Dakota for over 110 years - Lisa Engel knew that this was a company she would one day love to own and operate. So in 2015, when the owner announced his retirement, Lisa and her family jumped at the opportunity to take over the business. Three short years later, Lisa was approached with the chance to purchase the building. She only had one minor setback - she didn't have the financing necessary to make the purchase.

"My hope was to continue to build the business into more and continue giving peace of mind to the families who are making Williston their home," Lisa explained. "Owning the building was the next step into continuing that legacy."

Lisa learned about the SBA 504 loan - a loan program that requires a lower down payment and offers fixed, below market interest rates with longer loan terms - from a friend. She met with Dakota Business Lending, who worked with her and First International Bank and Trust to make the purchase possible with the SBA 504 loan.

Today, Williams County Abstract continues to thrive. It is a company that places a high value on their employees and offers them a retirement benefit package, with eligibility after one year of employment. Lisa believes that providing benefits like these to her employees are an added long-term benefit which helps recruit and maintain them for her business. "People will switch jobs simply because they found something with better benefits, so any benefits that can be offered in our area are a plus," Lisa explains.

In addition to helping her employees with retirement, Lisa's fire for helping people through the real estate purchase process remains burning as Williams County Abstract Company works to continue providing their services to the city of Williston and the broader county of Williams.

Read more about Lisa's story