Ohio Statewide Development Corporation

OSDC provides real estate & equipment loans to small businesses that are growing and creating or retaining jobs throughout Ohio.

OSDC is certified by the Small Business Administration and authorized by the Ohio Development Services Agency to provide long-term, fixed rate, low down payment small business loans under their programs.

See how OSDC helped finance "Little Rock Bar" on our Youtube Channel.

Featured Project

Chesrown Chevrolet, Buick, GMC is a family owned and operated dealership that has proudly served Central Ohio for more than 50 years.   New and pre-owned vehicle sales and service operations were located in a 14,000 s.f. dealership building at 1588 Columbus Pike, Delaware, Ohio.  Chesrown’s expanding business had outgrown this facility but wanted to stay close to their home market and was able to purchase one of the last prime commercial sites along this stretch of Rte. 23 at 1701 Columbus Pike. In the fall of 2012, Delaware County Bank and Ohio Statewide Development Corporation jointly approved a financing package for the construction of a 33,000 s.f. new vehicle sales and service dealership facility.  This impressive new site and building were completed in late 2013. The pre-owned vehicle sales business remains at the former location.

Lender's Links

What does the relationship between OSDC and the bank look like? - Financing Structure

Want to know how to get started with OSDC? - Financing Process

What do I do if the borrower wants to pre-pay the loan? - Pre-Payment Process

Who do I talk to? - Contact Us

Businesses Content

Which loan program is right for you? 504 Loan Program or 166 Loan Program

What type of project am I considering? - Project Options

What documents will I need to provide OSDC with? - Loan Application Checklist

Who do I talk to? - Contact Us

Email Updates

Your privacy is important to us. Ohio Statewide Development Corporation does not sell its mailing lists to outside organizations.

September 2016
166 Program Rate
2% - 8%

What's New at OSDC

Ohio 166 Regional Loan Program Increases Flexibility

Important Loan Policy Changes Effective July 1, 2016 – Loan term can now be up to 20 years for real estate projects – Loans can be secured with a second mortgage or second lien position – If secured with a …

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Five Important Facts about the 504 Refinance Program

504 Loan Program can now do 100% Refinancing of RE and M&E 100% 504 Refinancing was available on a temporary basis from 2010 – Sept.  2012 Congress has reauthorized and made 100% 504 Refinancing permanent Five Important Facts about the …

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