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Central Minnesota Development Company (CMDC)

April 25, 2019

Category: Financial Resources, Cambridge


Central Minnesota Development Company (CMDC)

CMDC has been assisting businesses with their business financing needs since 1978. As an SBA Premier Certified Lender (PCLP), CMDC is authorized to provide SBA 504 loans and other SBA financing options to businesses in Minnesota. Less than 10% of all certified development companies (CDCs) in the United States have this designation. CMDC offers

  • Fast, free pre-qualifications within 24 hours
  • CMDC can coordinate your project from start to finish, working with business owners, lenders, and real estate brokers to ensure seamless execution of the financing process.

As an SBA Premier Certified Lender, CMDC provides the following services to businesses:

  • SBA 504 loans for fixed assets with longer terms and fixed rates.
  • Small business direct loans.
  • Emerging Entrepreneur Funds.
  • Access to other state and federal grants and loans.

From manufacturing facilities to retail establishments, CMDC has helped thousands of business owners obtain business financing with great rates and terms. Of more than 500 SBA lenders in Minnesota, CMDC consistently ranks in the top 20 of all SBA lenders.