Borrowers

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