CMDC has been assisting businesses with their business financing needs since 1978. Of more than 500 SBA lenders in Minnesota, CMDC consistently ranks in the top 20. As an SBA Premier Certified Lender (PCLP), CMDC is authorized to provide SBA 504 loans and other SBA and business financing programs throughout Minnesota. Less than 10% of the certified development companies (CDCs) in the United States have this designation. 

  • Premier Certified Lender Status means we have in-house loan approvals to meet your most pressing deadlines
  • Fast, Free Eligibility Review within 24-48 hours
  • We coordinate your project from start to finish, working with business owners, lenders, and real estate brokers to ensure seamless execution

Our Mission

The mission of CMDC is to facilitate job creation and investment in CMDC’s Area of Operations by providing financing to small businesses to start up and expand. To fulfill this mission, CMDC provides business loans including SBA 504 Loans, Municipality Revolving Loan Funds, and State of Minnesota Small business loan programs through DEED.

Growing Business in Minnesota

From manufacturing facilities to retail stores, from veterinary clinics to restaurants, CMDC has helped hundreds of MN business owners get business financing which has resulted in the creation of thousands of jobs. Of more than 500 SBA lenders in Minnesota, CMDC consistently ranks in the top 20.

To further economic development, CMDC has built strategic partnerships with multiple cities, counties, and the State of Minnesota. These strategic partnerships help manage revolving loan funds that are often utilized to assist with gap financing on SBA 504 projects.

We are committed to our community leaders, lenders and business owners to grow business in Minnesota and make it a great place to live and work.


CMDC is a membership-based organization made up of lenders, small businesses, community organizations, commercial real estate professionals, and government groups. We welcome new members to join us!

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Our Team

Our dedicated team of loan and financing professionals can help you find the best loan to meet the needs of your small business

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Success Stories

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