About Us
Tribally Owned. Transparency Driven.

As a tribally owned entity, BlueChip Financial plays a vital role in the economic development of our tribal community. We pay it forward by implementing business practices that enable us to keep costs down and transparency up.

Community Building

BlueChip provides crucial employment opportunities to a community that has faced major job losses and unemployment rates that top 65 percent.

Immediate Assistance

Underbanked people can have trouble coming up with emergency capital when it’s needed most. We help with same-day or next-day loans.

Honest Lending

We’re straightforward about our loans and what our customers can expect. We’re also committed to being a source of financial education.
Finance Empowers People

The Turtle Mountain Band of Chippewa Indians of North Dakota is a sovereign nation in the heart of North America comprised of a people in harmony with our unique traditions and culture. As a tribally owned entity organized under and governed by the laws of Turtle Mountain, BlueChip Financial aims to empower our people to become better, and do better.

Through the Spotloan brand, BlueChip Financial has provided over 675,000 loans to hundreds of thousands of Americans in need since its establishment in 2012. Funding from Spotloan provides a significant portion of the tribe’s general fund revenue, supporting critical community programs such as the fire department, waste management, the tribal court system, and much more.

You have questions. We have answers. Start here.

BlueChip Financial is a tribally owned entity organized under and governed by the laws of one of the country’s largest federally recognized Indian Tribes, the Turtle Mountain Band of Chippewa Indians of North Dakota.

BlueChip Financial owns Spotloan, an online loan product established in 2012, and has provided over 675,000 loans to hundreds of thousands of Americans in need.

BlueChip Financial’s headquarters are located on the Tribe’s reservation in Belcourt, North Dakota. The headquarters house the majority of BlueChip’s employees, including the primary call center and many of the company’s administrative and management staff. 

All Spotloans are originated from the Tribe’s reservation and are subject to the Tribe’s Lending Code. A copy of the Lending Code is available here.

As a direct lender of short-term online loans, Spotloan has revolutionized the emergency loan market by using sophisticated machine learning (artificial intelligence) and big data to detect fraud and predict payback.

By providing online loans directly to borrowers through desktop or mobile devices, we are able to underwrite those loans in a matter of seconds without making the applicant fill out a lengthy application. Spotloan is dedicated to providing fair and transparent access to credit.

Without the overhead costs of brick-and-mortar locations, and by doing a better job of detecting fraud and predicting payback, we’re able to offer borrowers access to emergency capital that many other lenders can’t. We can offer loans to limited, poor credit and underbanked borrowers  at up to half the cost of other small-dollar lenders, payday companies and pawn brokers, without the hidden fees — such as origination, rollover, and missed payment fees — that others often charge.

BlueChip Financial is an integral part of economic development for Turtle Mountain. We provide much-needed opportunities to a community facing major job losses and unemployment rates of more than 65 percent.

Funding from Spotloan provides critical revenue to the tribal government. This funding supports community programs including food and housing assistance, winter heating assistance, job training, suicide prevention, mental health counseling, early childhood education and parenting programs, drug addiction treatments, gang prevention efforts, and healthy living programs (such as the dialysis center, healthy eating programs, and physical fitness facilities and programs).

BlueChip is proud to have been named “Business of the Year for 2017” by Turtle Mountain.