What Is a Certified Development Company?
Certified Development Companies Explained
A Certified Development Company (CDC) is a nonprofit entity that works with the SBA and third-party lenders to promote economic growth within its area of operation. CDCs are SBA-regulated and certified to help lending partners with financing small businesses nationwide. There are 270 CDCs that service specific geographical areas within the United States. To find a CDC in your area, first locate the nearest SBA District Office.