OHIO STATEWIDE
DEVELOPMENT CORPORATION
Big Plans for Your Business? We Are Here to Help You Get There.
OSDC helps Ohio small businesses get the funding they need to grow.
Hundreds of Ohio businesses helped | $[X]M+ in loans closed | SBA-Certified | Restaurants | Manufacturers | Healthcare | Contractors | Hotels
Current SBA 504 Loan Rates
Current SBA 504 Loan Rates | 10-Year: 5.88% | 20-Year 6.16% | 25-Year: 6.11%
Who We Work With
Ohio Business Owners
We help Ohio small businesses buy buildings, get new equipment, and take the next step in their growth. If you have big plans, we have a program that can help make them happen.
Banks and Lending Partners
We work alongside banks and lenders to help their small business clients get better financing. You keep the relationship. We help you close more deals.
Most small businesses have something standing in the way of growth. We help you overcome.
They think they need a huge down payment. They think the bank will say no. They put off buying their building or getting new equipment because it feels out of reach.
But there are loan programs built just for Ohio small businesses. Low fixed rates. Small down payments. Real support from people who know the process.
Most owners have never heard of them. That is where OSDC comes in.
Loan Programs We Offer
See which one fits your company the best.
SBA 504 Loan
The SBA 504 is designed for small businesses that want to invest in expansion but still maintain cash for working capital so you focus on running your business.
Ohio 166 Loan
The Ohio 166 is a state-backed loan that works a lot like the SBA 504, but it comes from the State of Ohio instead of the federal government.
Vetloan Advantage Program
Takes the already-strong benefits of the SBA 504 loan and adds exclusive savings for veteran-owned businesses. Less out-of-pocket cost upfront.
The Process is Simpler Than You Think
You do not need to figure out which loan is right before you reach out. That is our job.
Step 1.
You reach out to us or your bank sends you our way . We look at your situation and find the right fit.
Step 2.
We work alongside your existing bank. You do not have to leave them. We handle the paperwork.
Step 3.
You close on your building or equipment and get back to running your business. You get to focus back.
Ohio Businesses That Took the Next Step
A restaurant. A wellness studio. A manufacturer. See what growth looked like for them
Northstar Cafe | Westerville, Ohio
Used the SBA 504 to build a brand new 6,215 sq ft restaurant. Now they own the space their business calls home.
SBA 504 | New Construction
Tailored Massage Therapy & Wellness | Mount Gilead
A women-owned wellness practice that bought their building and built a permanent home for their clients.
SBA 504 | Park National Bank
Used the Ohio 166 loan to buld an additional sixth production line. More equipment. More capacity. More growth.
Ohio 166 | Equipment Purchase
Are You a Lender or Bank Partner?
We help you say yes to more clients without taking on more risk. When you work with OSDC, we cover up to 40% of the loan. Your clients get better terms. You close more deals. Everyone wins.
More deals closed for your small business clients with less risk on your balance sheet. We handle the SBA paperwork so you can focus on strengthening relationships with the clients your clients.
