Your creative resource for small business financing, real estate development and technical assistance


  • "CRDC is pleased to announce a recent loan closed with business owners, Walter and Chris Chapin that allowed them to purchase the building they were leasing resulting in reducing their overall occupanc…"

The Capital Regional Development Council, CRDC, is a very competitive source for creative and non-trational financing for small businesses, real estate development, and more.  Let us work with your financial institution to make your project happen.  From SBA 504 commercial real estate loans to direct small business loans and Brownfield loans, CRDC has the expertise and experience to get your project financed!

STAFF CONTACTS

Stephen Heavener: 603/496-1875, sheavener@crdc-nh.com

Liz Sweeney: 603/369-6146, esweeney@crdc-nh.com

Jenn Boulanger: 603/369-6147, jboulanger@crdc-nh.com

Kim Imbriglio: 603/369-6073, kimbriglio@crdc-nh.com

JANUARY 2017 SBA 504 20-YEAR Real Estate EFFECTIVE FIXED RATE: 5.04%

BRADFORD LOAN FUND: In addition to the direct loan programs described under the Small Business Lending section, CRDC manages a small business loan fund targeted to growing businesses in the Town of Bradford in Merrimack County and surrounding communities. Loans of between $10,000 and $200,000 are available for real estate acquisition and improvements. Working capital loans are also eligible. The funds can be only used to fill a financing gap or match bank financing. Typically, a borrower is already working with a bank on a potential loan and the bank lender identifies a funding gap and reaches out to a CRDC lender to discuss a potential loan to address the gap. These funds typically provide less than 50 percent of the total project costs. Please contact a CRDC loan officer for additional information.

SBA 504 Rates

JANUARY 2017 20-YEAR REAL ESTATE EFFECTIVE RATES: 4.85% FIRST FIVE YEARS, 5.04% FULL 20-YEAR TERM.

JANUARY 2017 10-YEAR MACHINERY EFFECTIVE RATE: 5.15%.

The rates are set monthly by SBA's investment bank, Wells Fargo, after review of market rates.

EFFECTIVE RATE MEANS THE TOTAL ANNUAL INTEREST RATE WITH ALL COMPONENTS (INVESTOR DEBENTURE RATE, SBA FEE, SERVICING AGENT FEE AND CRDC FEE).

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PRINTABLE CRDC FACT SHEET: PDF

DECEMBER 31, 2016 FIRST QUARTER ACTIVITY

SBA 504: 3 loans funded: $1,662,000 ($554,000 average loan size)

SBA 504: 4 loans authorized: $1,209,000 ($302,250 average loan size)

DIRECT LENDING LOANS: 2 loans funded: $149,000

 

DECEMBER 31, 2016 FIRST QUARTER LOAN PORTFOLIO SUMMARY

DIRECT LENDING

56 loans outstanding, $9,868,036 originated, $7,986,857 outstanding

SBA 504

81 loans outstanding, $33,997,000 originated, $26,283,927 outstanding

Capital Regional Development Council Practices Equal Treatment of Clients
CRDC does not discriminate on the basis of race, color, religion, sex, marital status, disability, age or national origin in services or accommodations offered or provided to our employees, clients or guests. These policies and this notice comply with regulations of the United States Government. Violations of this policy may be mailed to: Administrator, Small Business Administration, Washington, D.C. 20416.