The Capital Regional Development Council, CRDC, is a very competitive source for creative and non-traditional 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! We provide gap financing for between 10 and 50% of total project costs.
CRDC is actively seeking impactful real estate development projects and small business borrowers in Claremont, Newport, Franklin, Concord and Manchester for potential participation.
APRIL 2018 CRDC 20-year real estate rate:
5.30% First Five Years
5.49% Full 20-Year Term
MARCH 2018 10-Year Machinery Effective Rate: 5.74%.
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.
September 30, 2017 Fiscal Year End Lending
SBA 504: 11 loans authorized: $3,213,000
SBA 504: 9 loans funded: $3,182,000
Direct Lending: 16 loans funded: $2,201,750
Total 2017 loans funded/closed: 25 loans, $5,383,750 deployed to small businesses
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.