Fixed asset financing for Small Businesses

PCDfc is a non profit CDC authorized by the US Small Business Administration to provide SBA financing for small businesses.

Resources

Forms & Templates

Forms & Templates The following PCDfc application and checklists are available for you to download and complete.  Mail, Fax or email and one of our Loan Specialists will respond back to you. PCDfc application PCDfc checklist PCDfc credit check release SBA 504 Personal Financial Statement (form 413) SBA 504 Statement of Personal History (form 912)...

Tips about Credit Scores

Your Credit Score Being knowledgeable and proactive about your personal and business credit score can substantially increase your chance of getting a small business loan.  Use the resources below to learn more and Ask Us Today with any further questions.   Personal Credit What Is A Credit Score? A credit score is a complex mathematical...

Business Links

Business Plan and Financial Projection resources: SCORE Resources Small Business Administration (SBA) Home Page – http://www.sba.gov/ SBA tool/Find out if you’re a small business? – http://www.sba.gov/size-standards-tool Government Resources: Internal Revenue Service – http://www.irs.gov IRS Forms & Publications – http://www.irs.gov/businesses/small/article/0,,id=99200,00.html Specialty Resources: Office of Women’s Business Ownership – http://www.sba.gov/about-offices-content/1/2895 Women’s Business Enterprise Council PA-DE-sNJ  http://www.wbecouncil.org/ Women’s Business...

SBA 504 Loan Basics

What is an SBA 504 loan?

SBA 504 Loan Advantages

Why the SBA 504 Loan Program is Best for Your Growing Company… Lower down payments — as low as 10%*, allowing a borrower to reserve valuable operating capital and keep cash in the business to meet operating needs. *(Additional borrower contribution applies to new/start up businesses and single purpose projects (i.e. car wash, hotel, gas stations,...

Loan Criteria

Is the SBA 504 Program Right for Your Small Business? Your Business Qualifies if: It is a for profit business. Net worth is under $15 million and profit after tax is under $5 million. Start up or existing business. Applicant must occupy 51% of real estate purchased or 60% for newly constructed building. Owners of...

SBA 504 Loan Structure

504 Financing works best on general projects up to a total of $13.5 million. Example:   $3,750,000 Construction Project Security   $ %   1st Lein   Private Sector Lender/   Bank Loan 1,875,000  50    2nd Lein   SBA/CDC Loan 1,500,000  40      Borrower 375,000  10        Total     $3,750,000 ...

What to Expect – Step by Step

Applying for Your SBA Loan   Our loan Specialist assemble the corporate, financial and personal information required for your application and SBA loan package. On a parallel track your bank is securing approval of the first-lien mortgage of your finance package. Our loan Specialists will coordinate closely with your bank to avoid process duplication. Next,...

FAQ’s

Here are some frequently asked questions. If you find you still have questions one of our loan specialist staff members will be happy to help you.  Call 610-898-6045 or email. Check out our resources page  for forms, helpful links and other valuable resources. What is a CDC? CDC stands for Certified Development Company. Most CDC’s...