Louisiana Capital CDC, Inc. (LCCDC) is a non-profit corporation certified by the U.S. Small Business Administration (SBA) to market and service the SBA 504 or REAL (Real Estate Advantage Loan) program for the SBA. Since 1983, LCCDC has assisted lenders and small businesses with financing their owner occupied real estate transactions and fixed equipment needs through the SBA 504 loan program. More commonly referred to as a “CDC” or Certified Development Company, LCCDC works in partnership with lenders and borrowers to obtain financing through this program and enhance economic development for the community. The SBA 504 financing structure is unique in that the SBA actually participates in the funding (through LCCDC), taking a second position for up to 40% of the project cost while the participating lender funds 50%, secured by a first position, leaving a minimal down payment from the borrower of 10%. If you are looking for long term, fixed rate financing options for your owner occupied real estate transactions, then call us today and let us put our experience to work for you!