504 Capital Corporation

I f you have been researching SBA loans, it is likely that you have come across the phrase “Certified Development Company” or seen the acronym “CDC.” A Certified Development Company is a type of non-profit institution that partners with the SBA and lenders to provide financing to local small businesses. As an SBA CDC in Virginia specializing in 504 loans, 504 Capital is here to help pull back the curtain on CDCs and give you all the information you need to understand. SBA-Certified Development Companies The Small Business Administration (SBA) is a federal agency of the United States government that works to provide small businesses with the capital needed to be successful. The SBA does this by partnering with various banks and lending institutions to back loans. A Certified Development Company (CDC) is a non-profit institution that partners with the SBA to provide loans to businesses in their communities.  CDCs work with businesses to get them approved by the SBA for business loans t