Certified Development Corp of the SW
The CDC of the Southwest (CDCSW) provides long-term, fixed asset financing to small companies under the Small Business Administration’s (SBA) 504 Loan Program. They make loans to qualified businesses to assist with growth.
The CDCSW provides up to 90% financing through the federal SBA 504 Loan Program for qualified businesses whose expansion plans call for the investment and use of real estate or equipment. The SBA 504 Loan Program carries a fixed, below market interest rate, with a term of 20 years for real estate and 10 years for equipment. It is typically secured by a second lien. The minimum loan amount is $50,000 and the maximum is $5,500,000. The SBA guarantees the loans.
CDCSW’s 504 Loan Program offers the following advantages:
• Low down payment;
• Competitive, fixed interest rate; and
• Long term financing.
- Obtaining Debt Funding
- Obtaining Equity Funding
- Loan Providers
Networking & Associations
- Geographically Based
- Small Business/General
- Real Estate Finance