Welcome to CEDCO Small Business Finance Corporation
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IN MAY 2008 THE FIXED RATE OF INTEREST FOR OUR TWENTY YEAR SBA 504 REAL ESTATE LOAN IS 6.46%!
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You own the business—now how about the building?
We make it easy with the SBA 504 loan
Some 504 Loan basics—
- Buy, build, remodel or expand
- From a $150,000 office-condo to a $10,000,000 plant
- Interest rate as low as 5.5%, fixed for 20 years (in 2007 our average rate was about 6.5%)
- 10 to 20 percent down payments
- Most small businesses are eligible
CEDCO has been Colorado's best source of SBA "504 Loan" real estate financing since the early 1980s--now we can offer the same great financing in parts of New Mexico, Utah and Arizona. Please call Edie (as in Edith, not Edward) at our Four Corners Office for details. Her number is below.
Meanwhile, you don't have to wait for our new website to find guides, applications and other useful information.
You can download our Pre-qualification packet here. Download and complete this packet, call the CEDCO loan officer nearest and we can let you know within one business day if your business is eligible for 504 financing and whether or not we believe your loan is "do-able." This is not a formal loan approval, but it is a very good indicator of your prospect for a loan. Our full application process up to a formal approval of your loan generally takes between five and thirty business days, depending on the complexity of your project and company, and how quickly you can furnish information. See our application or borrowers guide for a complete list of what we need and a description of the loan approval process.
Or better yet, just call us and talk things over. We're an SBA Certified Development Company--which means we are lenders, not just loan-packagers or brokers--specially licensed by the U.S. Small Business Administration to make these loans. We regularly outperform SBA standards and our industry peers for quality of service and quality of loan portfolio. We have more than a hundred years combined experience in our staff--we're SBA loan experts so you don't have to be.
Our full 2008 Application is available here.
Our 2008 Borrower's Guide is available here.
And our 2008 Lender's Guide is available here.
Please call and talk to us directly for further help.
New Loans--
- Front Range and Mid-mountains call Sean or Mary Jane (303) 893-8989
- Western Colorado call Pat (970) 243-1861
- Four Corners area call Edie (970) 264-0496
Servicing--
- Kay at (303) 893-8989 ext. 107
Closing--
- Donna at (303) 893-8989 ext. 106
Administrative--
- Bill at (303) 893-8989 ext. 102