EDFC is a mission-based, business lender, which means that we make loans to create jobs and boost our economy. We are non-profit organization and we help our community by investing in small business.

EDFC business loans range from $5,000 to $250,000. We offer fixed interest rates starting at 6% APR.  Interest rates are based on the size of the loan and the risk rating. Terms typically range from 3-15 years.  We are happy to talk to you about our programs or your business financing needs. Please feel free to call us at 707-234-5705 for more information. You are also welcome to stop by and visit our  office located at 175 E. Church St. in Ukiah.

Ready to Apply?

To apply for a loan, please feel free to call us or  click here for our loan application and Attachment D. The application fee is $150 and can be paid by check, cash or online.

We understand that putting together a loan application requires some work on your part. We are here to help! EDFC also provides free loan packaging support for loans under $50,000. Call us to schedule an appointment.

Not sure if you will qualify?

In order to make a loan that is in your best interest and ours, we will ask for important information. Before you invest the time and effort into a business plan and loan application, we offer a pre-application that includes a credit/background check and an income analysis.  A pre-application will help you figure out how much you can borrow without wasting time and money. The fee for the pre-application is $50 and is applied to the full application if submitted. Click here for the pre-application.

What are the requirements?

We do not have a minimum credit score, but we do have basic credit requirements. We use standards developed by mission-based non-profit lenders across the country. These standards are designed to make sure that the loan is in your best interest and can be repaid without creating a financial hardship on you and your family.  If you have concerns please call us at (707) 234-5705.  We are happy to talk with you.

Where do our funds come from?

EDFC works with the United States Department of Agriculture Rural Development and the United States Department of the Treasury’s Community Development Financial Institutions Fund (CDFIFund) to provide economic development financing to Lake and Mendocino Counties.

cdfifund2-300x267USDA Rural Development


EDFC has two loan products: A gap financing, revolving loan fund, and a micro loan program:



If you would like to apply for financing download the fillable form LOAN APPLICATION and Attachment D and return by post or email to:

175 E. Church St.

Ukiah, CA 95482

If you have any questions about the loan application process, please call us at 707-234-5705.