EDFC


Business Loans

If you are looking to start or grow a business and have not been successful in securing traditional finincing through a bank, EDFC may be able to help. Size of loans are from microloans up to $250,000.

Self-Employed

Existing Businesses

Debt Restructure

Start-Ups

Fixed Interest Rate-Per Risk Rating

We value our local banks, but sometimes the risk level for start-ups or new business projects is too high for a conventional financing. As an alternative lender, EDFC has the flexibility necessary to help fill the gap.

We offer loans through a variety of different community-based and government programs to small business owners and entrepreneurs in Mendocino County and surrounding counties. Loans range from $5K- up to $250,000 at fixed interest rates.

EDFC loans are subject to our loan approval process. Interest rates are fixed and depend upon current market factors, your credit worthiness as a borrower and the risk inherent in the loan.

EDFC Client One Stop Shot
EDFC Client Noyo Haulout
EDFC Client Racks-N-Cues

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.


FUNDS


Loan Programs

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.


FINANCE


Various Types Of Funds

If you are looking to start or grow a business and have not been successful in securing traditional financing through a bank, EDFC may be able to help. Size of loans are from microloans up to $250,000.
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USDA IRP

Intermediary Relending Program

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USDA RMAP

Rural Microentrepreneur Loan Program

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Loan Guarantees- IBank

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CDFI

Community Development Financial Institutions Fund

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EDA

Economic Development Administration Revolving Loan Fund

Ready To Get Started?

Take the next step… Fill out a loan application