Small Business Celebrates 20 Years of Financing Small Businesses

Capital Certified Development Corporation (Capital CDC) is celebrating 20 years in the financial industry, serving the Texas economy with unrivaled financing through the SBA 504 Loan Program.  Twenty years in service translates to hundreds of partnerships with lenders –both national and local, 1,001  businesses financed with the SBA 504 Loan Program, $1.65 billion invested into the Texas economy, and more than 11,000 jobs created in the Texas economy. 

At a time when the financial world is all whispers and worried discussion, Capital CDC celebrates our commitment to providing affordable financing to those entrepreneurs that set forth their dreams and bring about positive growth and development with their small businesses.  Our 20 years would not have been without the ongoing, long-term relationships we share with hundreds of lenders.  We are humbled by their dedication to the SBA 504 Loan Program, and their partnership with us, as we would not be successful without them.  A long-time lending partner, Alexis Michael of OMNIBANK, N.A. says, “One of the best parts of the SBA 504 loan program is working with Capital CDC. They are very knowledgeable, prompt, and friendly to work with. I know our customers are well taken care of in the hands of Capital CDC before, during, and after the 504 closing. I am looking forward to helping more business owners together over the next 20 years!”

In addition, our portfolio would not be overflowing with successful projects, were it not for the many women and men that trusted us - and continue to do so - in helping finance their businesses. Executive Director, Thomas Braasch speaks  of Capital CDC’s success. He says, "the business owners and lenders that have used SBA 504, love the program for the many benefits and opportunities it offers them.  One of our greatest challenges going forward is awareness of this best-kept secret in lending.  The good news is, we are seeing strong bipartisan support in Washington DC for program enhancements, plus increased marketing efforts through our support association NADCO.  These developments will certainly increase awareness of our program and increase opportunities for business owners and Lenders."

We are proud of the success that the SBA 504 Loan Program has seen throughout the last few decades, and we will continue our pledge to the program and to the Texas economy for many years to come.  May many more relationships with lenders be forged, entrepreneurial dreams realized, and economic growth bolstered by our commitment to the SBA 504.  We hope to celebrate another 20 years with you  all, and thank you for making the past 20 years a success!