New England Certified Developm
Wakefield, MA 1880
SBA Certified Development CompanyTop Industries Financed
- Full-Service Restaurants
- Hotels (except Casino Hotels) and Motels
- Child Day Care Services
- General Automotive Repair
- Fitness and Recreational Sports Centers
Quick Summary
New England Certified Developm is an SBA-certified Certified Development Company (CDC) headquartered in Wakefield, Massachusetts. Since 2010, they have approved 1,533 SBA 504 loans totaling $1.1B, with an average loan size of $719K. They serve businesses across 7 states.
About New England Certified Developm
New England Certified Developm is an SBA-certified Certified Development Company (CDC) headquartered in Wakefield, Massachusetts. Since 2010, they have approved 1,533 SBA 504 loans totaling $1.1B, with an average loan size of $719K. They serve businesses across 7 states.
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Frequently Asked Questions
What does New England Certified Developm do?
New England Certified Developm is an SBA-certified Certified Development Company (CDC) based in Wakefield, Massachusetts. CDCs partner with banks to deliver SBA 504 loans — a long-term, fixed-rate financing program for commercial real estate and equipment. New England Certified Developm handles the SBA-backed 40% portion of the financing structure.
How many SBA 504 loans has New England Certified Developm approved?
According to SBA FOIA public records, New England Certified Developm has approved 1,533 SBA 504 loans totaling $1.1B since 2010. Their average loan size is $719K.
What states does New England Certified Developm serve?
New England Certified Developm serves businesses in 7 states: Connecticut, Massachusetts, Maine, New Hampshire, New York, Rhode Island, Vermont.
How do I apply for an SBA 504 loan through New England Certified Developm?
To apply for an SBA 504 loan through New England Certified Developm, contact them using the form on this page. You'll also need to work with a participating bank for the 50% bank portion. Before applying, prepare 3 years of business tax returns, personal financial statements, a business plan, and details about the property or equipment you're financing. Most 504 loans require 2+ years in business and a FICO SBSS score of 155+.
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