Michigan Certified Development Corporation

Michigan Certified Development Corporation (MCDC) is a non-profit corporation authorized by the U.S. Small Business Administration (SBA) to provide SBA 504 financing throughout Michigan. With projects in nearly 90% of Michigan’s counties, MCDC is the leading provider of SBA financing in the state of Michigan and is recognized as a leader in Michigan and nationally. MCDC was the first CDC in Michigan to be designated Premier SBA lender. This elite designation is awarded to less than 10% of all CDC’s nationally and allows the MCDC to step into the role of the SBA in approving loan transactions.

SBA 504 Loan Program

• Finance commercial real estate and equipment.
• Up to 90 percent financing available
• Long-term, fixed-rate financing
• Extended lender limits

SBA 7(a) Loan Packaging

• Working capital, business acquisition, and debt refinancing
• Guaranteed loan program – up to 85 percent SBA guaranty
• Long-term financing – up to 25 years
• Lower risk and improve liquidity