In case you missed it! Through the SBA 504 Loan Program, MCDC is now offering 25-year debentures. Now, don’t worry, we still offer the 10 and 20-year debentures for the SBA 504 Loan Program. This longer-term offering will decrease monthly payments for the small business borrower and will provide more flexibility for the borrower, so … Continued
Hooray! We finally, officially said goodbye to winter and “Hello” to spring these last few weeks which gave us good reason to celebrate. Mike Ufford, Jack Johnson and the rest of the MCDC staff held a mixer at Bahama Breeze in Troy this month and welcomed spring. It was another reason to throw a fantastic … Continued
Hooray! We finally, officially said goodbye to winter and “Hello” to spring these last few weeks which gave us good reason to celebrate You can download the 2018 May Newsletter here.
Today SBA released a notice stating that a debenture with a 25 year maturity is now available, in addition to the existing 10 and 20 year debentures for the SBA 504 Loan Program. The new 25 year debenture will be made available for 504 projects that are approved on or after April 2, 2018. The … Continued
Dribble – Shoot- Score – MCDC College Basketball Tourney Mixers You can download the 2018 April Newsletter here.
The MCDC is hosting several mixers this month centered around the first round of the NCAA men’s basketball tournament. You can download the 2018 March Newsletter here.
Financing an SBA 504 Loan You can download the 2018 February Newsletter here.
EAST LANSING, MI, January 29, 2018 – The Michigan Certified Development Corporation (MCDC) is pleased to announce the addition of Duane Hummel as Underwriter. Duane will work out of the East Lansing Corporate Headquarters. His responsibilities will include financial analysis of loan applicants, eligibility determination, loan packaging and working with SBA to get loans approved. … Continued
Here are some samples of what SBA 504 Can Finance You can download the 2018 January Newsletter here.