This week, CMDC celebrates National Small Business Week in partnership with the Small Business Administration (SBA). Here in Minnesota, 46% of workers are employed by small businesses, which account...
Small business owners can reduce their monthly mortgage payments and access trapped equity in commercial real estate they own by refinancing conventional real estate loans through the SBA’s new 504...
The Minnesota Department of Employment and Economic Development announced that it has selected CMDC as a lending partner for the Minnesota Emerging Entrepreneur Loan Program (ELP).
Not only are SBA 504 rates at all-time lows, fees have been reduced as well. The Small Business Administration (SBA) has announced the temporary elimination of certain 504 loan fees in accordance...
During this past year CMDC experienced a year like no other in its 43-year history. A sea change began on March 16, 2020, when Minnesota Governor Tim Walz issued an Executive Order directing the...