The benefits of using a Certified Development Company (CDC) for small business financing include access to local resources, public policy goals, and experienced loan processing. CDCs are designed to help strengthen local businesses and support local economies, revitalize neighborhoods, and breathe new life into these areas. They also ensure that women and minority business owners are supported, while also providing help for veterans, and even offering advice and guidance for business owners. CDCs also have relationships with lenders, which can help streamline the loan process. Finally, CDCs that have been around for some time will have considerably more experience handling 504 loans, and will be better able to adapt to your unique needs and requirements.