Who We Are


John W. Hart, President

The Greater East Texas Certified Development Corporation was formed in 1996 as a not-for-profit business authorized by the SBA to offer fixed asset loans to small businesses. The GETCDC, located in Tyler, serves borrowers throughout Texas and can assist with projects in other states.

These loans utilize the SBA's 504 Loan Program that participates with banks and other lenders. Often these are projects that other lenders could not make without this participation. They are usually made for a twenty year term at favorable rates and are subordinated to the companion private sector loan. The private lender will generally take a first lien on project assets for a 50% participation and the CDC funds from 30 to 40% and takes a second lien. The borrower's equity requirement will range from 10 to 20% depending on the history of the business and the uniqueness of project assets.

John was a successful CPA for a number of years and in 1988 began consulting with small businesses to structure creative financing solutions from a variety of sources. Largely because of his success with small business financing and reputation with lenders and guarantee agencies, he was named president in September of 1998.

Because of our deep knowledge of regulations and procedures and close relationship with the agencies and lender's officers, the GETCDC experiences an excellent success rates in funding financial projects with minimal delays. We look for ways to get projects financed rather than reasons to turn customers away. We can also assist borrowers who have no bank to locate a participating lender and in placing SBA-guaranteed working capital loans.

"The money that makes America work!"