Who We Serve
Loans For Every Stage
EDFC serves Mendocino, Lake and Sonoma counties with financing for businesses at every stage.
Flexibility
Loan Programs
Fixed interest rate, per risk rating
EDFC has loan funds available from a variety of sources, allowing EDFC the flexibility to work with a variety of options to meet your small business needs.
EDFC business loans range from $5,000 to $250,000. We offer fixed interest rates based on the size of the loan and the risk rating. Terms typically range from 3–15 years. Each loan is customized based on specific needs. We are happy to talk to you about our programs and your business needs.
How it works
About Us
Above all, we believe that real change is possible and that tomorrow doesn’t have to be like today.
We envision a vibrant local economy providing abundant opportunity and a rewarding quality of life to the communities we serve and future generations. Mendocino County is a wealth of natural resources, economic opportunity and social capital. We need to harness this wealth for growth and prosperity in our community. It’s that simple. So is EDFC’s mission:
EDFC mission
Connecting money and ideas with entrepreneurs in order to improve the social and/or economic conditions of the underserved people, creating sustainable prosperity in Mendocino County and surrounding counties.
Finance
Various Types Of Funds
EDFC lends from several federal, state and CDFI sources, which is what lets us match the right program to each business.
Intermediary Relending Program
Rural Microentrepreneur Loan Program
Community Development Financial Institutions Fund
Economic Development Administration Revolving Loan Fund