Did you know...
- SBA 504 loan program provides fixed rate financing for 20 years and can finance real estate and fixed asset expenditures for as little as 10% down
- MCDC has been financing Michigan businesses for over 30 years
- MCDC is the only Certified Development Corporation recognized by the SBA Michigan Region as their "Lender of the Year"
- Michigan Certified Development Corporation has been recognized nationally as a leader in SBA 504 financing
- According to a recent economic impact study, businesses assisted by the MCDC have impacted over 20,000 jobs in Michigan and contributed over $551 MILLION DOLLARS to the Michigan economy
- MCDC can work with any bank or financing institution in every county in Michigan
- MCDC has 100% of their staff located in Michigan, dedicated to the highest level of customer service
More Borrower Benefits:
- Longer term and amortization than traditional financing
- Flexible use of proceeds
- Financing for collateral shortfalls
- Lower equity injection