SBA 504 Loans Drive Small Business Growth in Northeast Ohio Small Business Capital Corp. of Ohio is a private, not-for-profit community development corporation (CDC), certified by the Small Business Administration (SBA) to administer the SBA 504 loan program. We partner with financial institutions and small business owners and offer long-term fixed-rate financing at below market rates. The loan process is seamless for businesses and banks because of our experience funding hundreds of SBA 504 loans and the excellent administrative support we deliver.
Providing Affordable Capital for Expansion Small businesses are the economic engine, but they need “fuel” to grow, create jobs and support our communities. That’s where loan programs like SBA 504 come into play. At Small Business Capital Corp., we can open the doors for businesses that might not qualify for traditional loans. We also reduce the potential lending risk for banks so they can be a lending partner to small businesses that need capital for expansion, renovation, new equipment, land and construction.
SBA-Certified to Approve a Competitive Loan SBA 504 loans offer a bridge to growth when small businesses struggle to access capital and when banks want a solution to support growing business clients. As a SBA-certified CDC, Small Business Capital Corp. makes the SBA 504 loan process simple and direct. Loans are completed expeditiously and clients receive personal attention. We work with a range of industries on projects from new construction to equipment purchases. And, we build lasting relationships with our Northeast Ohio clients.