CDC Small Business Loans

 

CDC Small Business Loans

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How it Works

A non-profit small business lender offering Small Business Administration (SBA) and non-SBA loans accompanied by business advising for customers. Other creative lending strategies to create social and economic justice in the communities that they serve are also deployed.

Funding Focuses On

Lower-cost financing with special consideration to businesses in low-to-moderate income communities or to veteran, early stage, or African American-owned small businesses. Increased flexibility with credit eligibility on certain products.

Funding Limit

$10,000-$350,000

Qualifications

Loans to for-profit business to be used for working capital, inventory, equipment, business acquisition, business debt refinancing, startups, commercial real estate purchases, and building improvements.

Financing Geographic Area 

Wayne, Oakland, and Macomb Counties in Michigan. Available in several other states across the U.S. 

 

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