Michigan Certified Development Corporation

Resource Details

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