COMMUNITY DEVELOPMENT RESOURCES
TYPES OF BUSINESSES SERVED
* CDR'S target market is individuals, women, minorities and
persons living in and investing
in economically distressed areas
who are unable to access capital through traditional banks.
STAGES OF BUSINESS
* Start up
* Existing small business
FUNDING USES
Business can use CDR's loan capital for the following items,
but is not limited to:
* Real Estate
* Equipment
* Furniture & Fixtures
* Inventory
* Working Capital
FUNDING RANGE
* Loans may range from $1,000 to a $100,000 maximum
APPLICATION REQUIREMENTS
All loan applicants must meet the following criteria:
* Applicants must be at least 19 years of age.
* Applicants must be U. S. Citizens or have a permanent residence
card (I-551) or have an arrival-departure
card (I-94) with a
departure date that exceeds the term of the loan.
* Completion of required loan documentation (See website)
* Borrower must have reasonable credit, or have demonstrated
a willingness to repay debt by rectifying past
credit problems.
* Applicant requesting the loan must be the business owner or
senior partner and be willing to personally guarantee the note.
RESOURCES PROVIDED
* Loans
* One-to-one Technical Assistance
* Training
WEBSITE
www.cdr-nebraska.org