MCDC publishes a monthly newsletter, archived below and available for download in PDF format.
Our warmest wishes for a safe and Happy Holiday Season! MCDC HOLIDAY HOURS Monday, December 24 - CLOSED Tuesday, December 25 - CLOSED Wednesday, December 26 - Re-Open at 8:00 am Monday, December 31 - OPEN Tuesday, January 1 - CLOSED Wednesday, January 2 - Re-Open at 8:00 am
Since 2000, the MCDC Golf Outing has been one of the ways we say Thank you to lenders that partner with us in assisting small businesses with financing.
If you're helping your client with financing options to purchase commercial real estate or heavy machinery/equipment, using the SBA 504 Loan Program is the best choice.
In case you missed it! Through the SBA 504 Loan Program, MCDC is now offering 25-year debentures. Now, don't worry, we still offer the 10 and 20-year debentures for the SBA 504 Loan Program. This longer-term offering will decrease monthly payments for the small business borrower and will provide more flexibility for the borrower, so they can easily manage their capital. In fact, the SBA has long sought a longer maturity option as a way to further meet the needs of its small business borrowers. And, of course, whatever loan term you need there's the security of knowing that your monthly payment will never go up because the interest rate will never change.
Hooray! We finally, officially said goodbye to winter and "Hello" to spring these last few weeks which gave us good reason to celebrate