Community Capital Development has
provided entrepreneurs Access to Capital and
Access to Business Assistance since 1997.
Our primary financial products are term loans,
or small business loans. Our non-SBA term
loans range from $5,000 to $100,000, while
SBA guaranteed term loans can be up to $250,000.
Service
Area
Community Capital Development provides loans
in 23 Washington Counties:
Adams, Chelan, Douglas, Ferry, Grant, Island,
King, Kitsap, Kittitas, Klickitat, Lewis,
Lincoln, Okanogan, Pend Oreille, Pierce, San
Juan, Skagit, Snohomish, Stevens, Thurston,
Whatcom, and Yakima.
Stage
of Business
Community Capital Development's Access to
Capital Programs focus on providing capital
for:
A) Start up businesses
(0-6 months)
B) Businesses under 2 years
in operation, not yet bankable
C) Established businesses,
in operation greater than 2 years, but facing
new challenges
What
is your Investment Criteria
We make our investment decisions based on
the following "5 C's of Financing."
Character - The
owner's business character as reflected
on a personal credit report.
Capacity - Theowner's ability to be successful
with the business. Proven by a pristine
business plan, thought-out business model,
experience in the industry, and solid financial
statements.
Capital - The
owner's contribution of at least 20% of
the requested financing amount.
Collateral - Acceptable
collateral to back the loan in case of default.
Cash Flow - The
businesses ability to pay its owner, employees,
service the debt, while leaving sufficient
operating cash.
Uses
for Small Business Loans
Equipment, Furniture,
and Inventory
Manufacturing or
Technology-Based Production Needs
Working Capital
- Funds can be used for business operations.
Commercial or Mixed-Use
Real Estate - Funds can be used
to purchase, renovate, refinance, or build
commercial or mixed-use real estate projects
Franchises -
Funds can be used for the start-up or purchase
of an existing franchise. The business must
be approved by the franchisor.
Contract Financing
- Loans are available to businesses
that contract to provide goods or services.
Funds can be used for payroll or to purchase
equipment or supplies needed to complete
or partially complete a contract.
Construction Contractor
Receivables - These loans provide
accounts receivable financing for businesses
that have contracts as Prime or Sub-Contractors
with public sector agencies or with large,
private, financially sound companies.
Cash Flow Restructuring
- These loans, available to existing
businesses only, help restructure debt to
manageable levels that will provide the
business with internal capacity to expand
It is the policy of this lender to provide equal opportunity to applicants and to ensure that there be no discrimination against any persons on the grounds of race, color, national origin, political affiliation, sexual preference, age, or sex.
