A nationally recognized non-profit lender committed to small business

Call 1-800-982-9192

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A nationally recognized non-profit lender committed to small business

Call 1-800-982-9192

A nationally recognized non-profit lender committed to small business

Call 1-800-982-9192

Who We Are

Statewide CDC professionals are known as the SBA 504 loan experts. As your 504 program provider, let us put our SBA knowledge to work for you so you can focus on what’s really important – building your business.
Who We Are Photo
Statewide Certified Development Corporation is a 501(c)(4) non-profit organization that supports economic development by making available low cost, fixed rate commercial/industrial real estate financing to expanding small businesses under the U.S. Small Business Administration’s (SBA) 504 Loan Program. We are licensed and regulated by the U.S. Small Business Administration to provide SBA 504 financing and work in partnership with a wide range of lending institutions.
We’ve been helping successful small businesses purchase their own real estate since 1987. As a result of our expertise and successful track record in lending, Statewide became one of the first Certified Development Companies in the nation to be inducted into the Premier Certified Lender Program and the first CDC to be chartered by SBA to serve statewide.

Our Mission

We believe in giving your business the opportunity to grow. We respond to each client with the personal service that only an experienced, knowledgeable CDC like ours can provide. We have a reputation for consistently fast processing turnaround, and we’re especially sensitive to the details and kind of follow-through necessary to make an SBA transaction successful.

We have offices throughout, Nevada, Arizona, and California.

Our Recent Success Stories.

Pure Barre Photo

Pure Barre is a pioneer in boutique fitness with studios in the U.S. and Canada

Play Care Learning Center is a state of the art preschool photo

Play Care Learning Center is a state of the art preschool

Frequently Asked Questions

Statewide CDC is a nonprofit lender that specializes in SBA 504 loans to help small businesses finance commercial real estate and major equipment purchases.

Yes, Statewide CDC is a Certified Development Company (CDC) and a preferred SBA lender focused on providing SBA 504 loan financing.

Most U.S.-based, for-profit small businesses with a tangible net worth under $15 million and average net income under $5 million may qualify.

SBA 504 loans offer low down payments, below-market fixed interest rates, and long repayment terms (up to 25 years for real estate and 10 years for heavy equipment), ideal for acquiring property or equipment without straining working capital.

SBA 504 loans consist of 50% bank financing, 40% SBA funding through a Certified Development Company like Statewide CDC, and 10% from the borrower.

SBA 504 loans can be used to purchase land, buildings, long-term machinery, or to renovate existing commercial property.

The SBA 504 loan is specifically for purchasing fixed assets like commercial real estate, major equipment, or construction. It features a 3-part structure:

  • 50% from a bank
  • 40% from a CDC (like Statewide CDC)
  • 10% borrower down payment

It offers long-term fixed rates with 10-, 20-, or 25-year terms.

In contrast, the SBA 7(a) loan is more flexible—used for working capital, buying a business, equipment, or real estate. It’s a single loan from a lender, partially guaranteed by the SBA, with variable or fixed rates and shorter terms (typically up to 10–25 years depending on use).

SBA 504 = best for real estate and fixed assets.
SBA  7(a) = best for general business financing.

The SBA 504 loan process typically takes 30 to 60 days, depending on application completeness and project complexity.

Yes, Statewide CDC provides expert guidance throughout the entire SBA 504 loan process, from eligibility assessment to funding and closing.

Yes, SBA 504 refinance options are available for eligible debt originally used for fixed asset purchases.

Statewide CDC primarily serves California, Nevada and Arizona but may support projects in other regions depending on eligibility and loan structure.

You can begin the process by contacting Statewide CDC through their website, using their SBA 504 loan calculator to determine your estimated payments, or speaking directly with a loan specialist.

SBA 504 loans are for fixed assets, such as purchasing fixed assets like commercial real estate, major equipment, or construction or equipment with long-term, fixed-rate financing. In contrast, the SBA 7(a) loan is more flexible—used for working capital, buying a business, equipment, or real estate. It’s a single loan from a lender, partially guaranteed by the SBA, with higher variable or fixed rates and shorter terms (typically up to 10–25 years depending on use).

SBA 504 = best for real estate and fixed assets.
SBA  7(a) = best for general business financing.

Borrowers typically provide 10% of the total project cost, though it may be higher for startups or special-use properties.

Yes, refinancing is allowed under certain conditions if the original debt was for eligible fixed assets and meets SBA criteria.

Yes, the SBA portion has a declining prepayment penalty during the first 10 years, depending on loan term and rate type.

A Certified Development Company (CDC) like Statewide CDC is a nonprofit lender certified by the Small Business Administration or SBA to administer 504 loans.