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History
Established in 1978.
As an SBA Premier Certified Lender (PCLP), CMDC is authorized to provide SBA 504 loans and other SBA and business financing programs throughout Minnesota. Less than 10% of the certified development companies (CDCs) in the United States have this designation.
Premier Certified Lender Status means we have in-house loan approvals to meet your most pressing deadlines
Fast, free pre-qualifications within 24 hours
We coordinate your project from start to finish, working with business owners, lenders, and real estate brokers to ensure seamless execution
Our Mission:
CMDC is committed to promoting economic development by cultivating a financing environment that allows MN small businesses to grow and prosper. To fulfill this mission, CMDC provides business loans and financing services to businesses and bank lenders including:
–SBA 504 Loans
–SBA 7(a) Loan Packaging Assistance
–CMDC Initiative Fund