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

 

What We Do

The Capital Regional Development Council, CRDC, is your creative source for non-traditional financing for small business working capital, real estate acquisition, and equipment needs.  We also work with regional developers to assist with impactful development and redevelopment projects. 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! We provide gap financing for between 10 and 50% of total project costs at competitive rates.

CRDC is actively seeking impactful real estate development projects and small business borrowers in Claremont, Newport, Franklin, Concord, Bedford and Manchester and throughout Sullivan, Merrimack and Hillsborough Counties for potential participation.

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SBA 504 Rates

2018 OCTOBER CRDC 20-year real estate rate:

5.76% First Five Years
5.95% Full 20-Year Term

25-year OCTOBER real estate rate:.

5.81% First Five Years

5.97%: Full 20-year Term.

 

SEPTMBER 10-Year Machinery Effective Rate: 5.80%.
 

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.

Summary

September 30, 2018 Fiscal Year End Lending

SBA 504: 12 loans authorized: $2,699,000

SBA 504: 9 loans funded: $3,077,000

Direct Lending: 16 loans funded: $1,614,283

Total 2018 loans funded/closed: 25 loans, $4,691,283 deployed to small businesses

News

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.