Community Capital Development Corporation
Community Capital Development Corporation's (CCDC) mission is to make loans and provide free technical assistance to new and growing minority and women-owned businesses which are unable to secure working capital or other financing from traditional funding sources. Promoting that entrepreneurial spirit helps individuals take pride in themselves, leads to self sufficiency, and helps our community grow and prosper.
The U.S. Small business Administration explains that small businesses employ just over half of the private sector workforce. In addition, small businesses created nearly two-thirds of the nation's net new jobs over the past decade and a half! Enhancing this type of job growth will help combat Erie's high poverty level.
Programs and Services
-Financing of commercial real estate.
-Financing of equipment.
-Financing of permanent working capital.
-Advice on financial structuring of business, indebtedness and financing opportunities with other lending partners.
-General counseling on business start-ups, viability analysis, business expansion and sale.