Loan Services


We are a full-service, not-for-profit lender for businesses of most types. Our loans can be used for fixed assets, including land, buildings, equipment, renovations, or expansion. Our goal is to help you create additional jobs, thereby strengthening the company, increasing the community's tax base, reducing unemployment, and improving the quality of life in your community.

During the application process we provide you with consultation about improving the performance of your company and available options to raise funds for other needs such as working capital, inventories, and financing receivables. Our network of contacts with economic development organizations, lenders, community leaders, and business service providers often prove to be crucial to the success of our client's projects.

We have a strong statewide reputation for structuring creative financial packages for most types of business. Projects can include land or building acquisition, construction, renovation, expansion, and equipment. Examples of eligible loan projects include manufacturing plants, warehouses, retail stores, motels, RV parks, convenience stores, and most types of owner occupied real estate.

Our many years of experience in accounting, finance, and loan consulting will help you analyze your project's funding alternatives and result in choosing the best solution. "Red tape" costs and delays are minimized because of our years of experience with the rules, regulations, and policies of various lenders and the Small Business Administration.

We prepare all necessary application documents emphasizing the strength of your business, and explain to you how to overcome any weaknesses or deficiencies.

We always work with your preferred lender, and if none we will present your project to lenders able and anxious to help. We continue to coordinate and cooperate with your lender, legal advisor, financial advisor, and others that are needed to make this part of your project as easy and trouble-free as possible.

Our reasonable fees are added to the loan and included in your monthly payment.

For most small businesses, the availability of long term financing at very low fixed rates is a welcome addition to their financial plan.

We provide high-quality screening, underwriting, and packaging services from first contact all the way through approval by the Small Business Administration. Only when a borrower has no preferred lender, we will refer the commercial loan portion of the package to lenders showing an interest in the project.

Many lenders refer loan opportunities to us, reducing their need for in-house SBA expertise. Those familiar with the program enthusiastically embrace it. Visit with a fellow lender on our References page.

Often a lender cannot fully fund a client's project due to loan policies or limits. With our SBA program, you retain the first lien position on 100% of the assets giving you a loan-to-value ratio of one to two making the SBA 504 program a powerful tool for even the most conservative loan committees.

Other times, you may wish to conserve some of your client's borrowing capacity for working capital or other future loans with a better return. Calling the Greater East Texas CDC can save you and your client time and help you turn a difficult situation into success.

After all, strengthening your relationship with your client is what it's all about.

Every SBA 504 loan is intended to create or retain one job for every $50,000 we loan. The SBA authorized CDC's to increase loan placements and stimulate economic growth, creating more jobs in rural and under served areas.

We work closely with Chambers of Commerce, economic development groups, Small Business Development Centers, incubators, colleges, and universities to provide information about the SBA and its interest in helping growing companies.

We educate professionals about the SBA 504 by participating in seminars and expositions. On invitation, we can assist or support your efforts to attract or retain companies in your community. The cooperation between local economic development groups, private-sector lenders, financial advisors, and our CDC can be powerful tool for your community.

Accountants, financial planners, and business consultants can rely on the CDC to provide a no-nonsense assessment of their client's situations. We can quickly identify the strengths of the company and provide you with the steps needed to minimize weaknesses or deficiencies, with the objective being a successful fixed asset financing project.

You will appreciate the speed and simplicity of our application-to-approval process. Our approval rate is excellent This record can be attributed to our investment in training, leading-edge technology tools, and our unique knowledge of the complex regulation and lending environment.

Initial consultations and assessments are available to you at no charge.