MOST SMALL BUSINESSES HAVE SOMETHING STANDING IN THE WAY OF GROWTH. WE HELP THEM SECURE THE FINANCING THEY NEED TO OVERCOME IT.
Our mission is to promote business investment and job creation by providing SBA 504 and Ohio 166 loans to small businesses for buildings and equipment. Sometimes that means lending directly to businesses, other times it means partnering with their existing lender. But the end result is the same: we help small businesses across Ohio secure the financing they need to grow.
HOW WE CAN HELP
We provide real estate and equipment loans with low-interest fixed rates that help small businesses grow.
WE MAKE THE PROCESS EASY
We think our borrowers should focus on growing their small business, not filling out forms.
WHO WE WORK WITH
Sometimes we partner with a lender, other times we work directly with a small business owner.
NEWS AND UPDATES
How Veterans Can Successfully Apply for SBA Loans
Veteran entrepreneurs are crucial contributors to the U.S. economy, driving innovation and showcasing the resilience that stems from their military service. With over 2.5 million businesses in the U.S. being veteran-owned, these individuals embody the spirit of innovation, dedication, and service. For veterans looking to fund their ventures, small business loans for veterans through the […]
OSDC Delivers New Green Energy Financing to Ohio
COLUMBUS, Ohio (October 23, 2024) The Ohio State Development Corporation (OSDC) is pleased to announce it is the first lender in Ohio to utilize the U.S. Small Business Administration’s (SBA) 504 Green Energy Loan Program under its expanded rules. OSDC helped a minority-owned small business in the Columbus, Ohio region invest in energy efficiency upgrades […]
Tips for a Successful SBA Loan Application for Food Industries: How to Secure Financing
In order to secure most small business loans, businesses have to provide three years of financial data to demonstrate that they can earn enough to make their monthly loan payment. However, for food industry businesses, the last few years may not be indicative of typical performance because of several pandemic-era relief programs and changes […]