CEDCO Small Business Finance inline

New Size Standard For SBA 504 and 7a Loans

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An Alternative Size Standard has been made permanent as a Final Rule published in the Federal Register as of 2/15/2024. The Rule accounts for inflation and significantly increases the allowable net worth and after-tax net income for small businesses looking to apply for SBA 504 and 7a loans. This is exciting news, as it means […]

What is a Certified Development Company?

man holding a virtual image that spells out "certified" in all caps

For aspiring entrepreneurs and small business owners seeking financial assistance, navigating the world of loans and government programs can be daunting. Certified Development Companies (CDCs) exist to guide eligible borrowers through the process for certain types of SBA loans. As non-profit organizations associated with the federal government, they must meet stringent guidelines in order to […]