Certified Development Companies
The 504 Certified Development Company (CDC) Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. A Certified Development Company is a nonprofit corporation set up to contribute to the economic development of its community or region. CDCs work with the SBA and private-sector lenders to provide financing to small businesses. There are about 290 CDCs nationwide. Each CDC covers a specific area. For more information about the 504 Loan Program, visit
http://www.sba.gov/services/financialassistance/sbaloantopics/cdc504/index.html.
Certified Development Companies
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CDC NAME & CONTACT
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AREA OF OPERATION
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Business Finance Group, Inc.
3930 Pender Drive, Suite 300
Fairfax, VA 22030
Sally Robertson
srobertson@businessfinancegroup.org
(703) 352-0504 or (800) 305-0504
FAX (703) 352-9100
Central Virginia Office:
Capitol Place
1108 East Main Street, Suite 702
Richmond, VA 23219
Fred Minton
fminton@aol.com
(804) 344-0002
FAX (804) 344-0022
Curt V. Solomon, Vice President
(540) 846-7355 (cell)
csolomon@businessfinancegroup.org
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State of Virginia.
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Chesapeake Business Finance Corporation
1101 30th Street, Suite 500
Washington, DC 20007
John Sower
Sower1@erols.com
(202) 625-4373
FAX (202) 342-0389
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Cities of Fredericksburg, Manassas and Manassas Park. Counties of Clarke, Fauquier, Prince William, Spotsylvania, Stafford and Warren.
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Crater Development Company
Post Office Box 1808
1964 Wakefield
Petersburg, VA 23805
(Use P.O. Box for all mail.)
Jim McClure
jmcclure@cpd.state.va.us
(804) 861-1668
FAX (804) 732-8972
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State of Virginia
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Mid-Atlantic Business Finance Company
1410 N. Crain Highway, Suite 5B
Glen Burnie, MD 21061
Paula Klepper
inquiries@mabfc.com
1-800-730-0017
FAX (410) 863-7446
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Cities of Manassas and Manassas Park; Counties of Accomack, Northampton and Prince William.
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Rappahannock Economic Dev. Corp.
406 Princess Anne Street
Fredericksburg, VA 22401
Post Office Box 863
Fredericksburg, VA 22404
Jeff Rouse
jrouse@redco504.org
(540) 373-2897
FAX (540) 899-4808
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State of Virginia.
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REDC Community Capital Group, Inc.
411 E. Franklin Street, Suite 203
Richmond, VA 23219
Melvin Ball
melvinball@redccommunitycapital.org
(804) 780-3027
FAX (804) 788-4310
Tanner Collins
tacollins@redccommunitycapital.org
50 Medical Park Blvd. Suite C
Petersburg, VA 23805
(804)732-8545
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State of Virginia.
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Tidewater Business Financing Corp.
500 East Main Street, Suite 1226
Norfolk, VA 23510
R. Patrick Gomez
TBFC@CAVTEL.NET
(757) 623-2691
FAX (757) 623-0660
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State of Virginia and
North Carolina counties of Bertie, Camden, Currituck, Chowan, Dare, Gates, Hertford, Northampton, Pasquotank and Perquimans.
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