CADDA can help your business if you’re just starting out, or if you’ve been in business but are looking to expand. For over 4 decades we have helped small businesses start, grow, and thrive.
With multiple loan programs, our loan experts can find the best loan for your business. Let us help you make your small business dreams come true! We have several programs and want to ensure we match you with the program that is right for your business. Our process is designed to help you get the best loan to meet your needs, which is why we take the time to get to know you.
The Economic Development Administration Revolving Loan Fund offers financing up to $350,000 for the purchase of land, building, machinery, equipment, inventory and working capital. These loans can be in participation with your bank or directly from CADDA. The RLF offers competitive rates and terms with low down payments.
The U.S. Department of Agriculture IRP loan program offers competitive financing to businesses in rural areas for the purchase of land, building, machinery, equipment, inventory and working capital in amounts up to $250,000. Borrowers that may not be able to access credit from other sources can get great rates and terms.
Whether you’re searching for a $10,000 equipment loan or want financing for a $2 million building purchase, there is a good chance we have the right loan product for you.
CADDA has a reputation for providing the best service of any CDC in the Coastal Area. We’re committed to constant improvement. We look forward to hearing from you.