The 504 Certified Development Company (CDC) Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. A Certified Development Company is a nonprofit corporation set up to contribute to the economic development of its community. CDCs work with the SBA and private-sector lenders to provide financing to small businesses. There are about 270 CDCs nationwide. Each CDC covers a specific geographic area.
The U.S. Small Business Administration (SBA):
Financial Assistance
- Basics
- Grants
- Loan Eligibility
- SBA Loans
- Surety Bond
- Equity Capital
- Special Purpose Loans
- SBA Partner Topics
- 7(a) Loan Programs
- Contract Opportunities
- Disaster Assistance
- Online Training
- Counseling and Assistance
- Special Audiences
- Laws/Regulations
- Compliance
SBA provides a number of financial assistance programs for small businesses including 7(a), 504 and disaster assistance loans. Within this section, SBA will review eligibility requirements, SBA’s loan programs, surety bonds and the role of SBA, equity capital topics, special purpose loans, SBA partner topics and 7(a) lender programs. Though the SBA does not provide grants to help you start a business, included is information on organizations and sites that can assist you in locating special purpose grants.
See also…