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MCDC can be part of your bank's strategy to reach and support local small businesses. We structure bank partnerships that include: * Co-lending with your bank - MCDC can fund a portion of total project costs, taking a subordinate collateral position. Co-lending allows the bank to say "yes" to a loan for valued clients when collateral or equity is not quite sufficient to meet bank underwriting standards. * Referring loans to MCDC - We may be able to lend money to your client whose commercial project is not bankable. A referral to MCDC keeps the bank relationship intact, while supporting your client's small business efforts. * Extensive business development services - The professionals at our Small Business Development Center can help your clients complete a business plan, explore business feasibility, or create financial projections needed for a loan package. Learn more about our loan application process. |
Bank Partnerships for Small Business Success
MCDC has lent $9 million to over 350 businesses since 1992.
We've also helped hundreds of small businesses each year with plans, projections and management assistance.
