Building partnerships

For lenders

The shared financing structure of an SBA 504 loan makes an ideal solution for business lending. The long-term, fixed-interest loan rate puts financing within reach for businesses that may not qualify for a conventional loan. ELCDC partners with banks and other third-party lenders to secure leveraged financing of assets.

Benefits for Lenders

Lower loan to value ratio, typically 50%
Lower credit risk
Lower reserve requirements
Community Reinvestment Act (CRA) credits
Strengthen core earnings
Assist more customers
Fast approval
ELCDC does the SBA paperwork!

ELCDC maintains close ties with our banking partners and participates with the National Association of Development Companies (NADCO) in the development of the CDC industry countrywide. Our NADCO participation allows us to be on top of the latest thinking affecting the industry.