Development Credit Fund Inc
SBA 7(a) Lending Profile · All Time analysis
Industry Focus
Top industries served by Development Credit Fund Inc · All Time
| NAICS | Industry | Loans | Volume | Avg Loan | Share |
|---|---|---|---|---|---|
| 541611 | Administrative Management and General Management Consulting Services | 4 | $225K | $56K | 2.2% |
| 722410 | Drinking Places (Alcoholic Beverages) | 4 | $380K | $95K | 2.2% |
| 621210 | Offices of Dentists | 3 | $200K | $67K | 1.6% |
| 561730 | Landscaping Services | 3 | $180K | $60K | 1.6% |
| 561510 | Travel Agencies | 2 | $75K | $38K | 1.1% |
| 811111 | General Automotive Repair | 2 | $200K | $100K | 1.1% |
| 561720 | Janitorial Services | 2 | $100K | $50K | 1.1% |
| 713940 | Fitness and Recreational Sports Centers | 2 | $140K | $70K | 1.1% |
| 624410 | Child Care Services | 1 | $50K | $50K | 0.5% |
| 812930 | Parking Lots and Garages | 1 | $35K | $35K | 0.5% |
Geographic Distribution
SBA lending activity for Development Credit Fund Inc by state
| State | Loans | Volume | Share |
|---|---|---|---|
| Maryland (MD) | 176 | $13.9M | 96.2% |
| District of Columbia (DC) | 5 | $465K | 2.7% |
| Virginia (VA) | 2 | $170K | 1.1% |
Why Choose Development Credit Fund Inc?
Based on SBA 7(a) lending track record from 1991-2003
- ✓Proven Track Record: 183 SBA loans approved, totaling $14.6M in financing
- ✓Industry Expertise: Specialized focus on Administrative Management and General Management Consulting Services, Drinking Places (Alcoholic Beverages), Offices of Dentists
- ✓Competitive Terms: Average interest rate of — with flexible term lengths averaging 60 months
- ✓Loan Range: Loan sizes from $10K to $500K, with an average of $80K
- ✓Nationwide Reach: Active lending in 3 states, with strong presence in MD, DC, VA
Note: Approval and terms are subject to SBA and lender requirements. This profile is based on historical data and does not guarantee future lending decisions.
Frequently Asked Questions
Common questions about Development Credit Fund Inc SBA lending
What types of businesses does Development Credit Fund Inc typically finance?
Development Credit Fund Inc specializes in SBA 7(a) lending to specific industries including administrative management and general management consulting services, drinking places (alcoholic beverages), offices of dentists, landscaping services. They have developed expertise in these sectors and understand the unique financial characteristics of each industry.
What are Development Credit Fund Inc's typical SBA loan terms?
Development Credit Fund Inc's SBA 7(a) loans typically feature an average interest rate of — and average term length of 60 months (approximately 5 years). Loan sizes range from $10K to $500K, with an average loan size of $80K.
Do I need a business valuation for a Development Credit Fund Inc SBA loan?
Yes, Development Credit Fund Inc typically requires a professional business valuation for SBA loans over $250,000 or for change-of-ownership transactions. A certified valuation helps establish the purchase price, loan amount, and ensures SBA compliance. The valuation typically costs $5,000-$15,000 depending on business complexity.
How does Development Credit Fund Inc compare to other SBA lenders?
Development Credit Fund Inc has originated 183 SBA loans totaling $14.6M since 1991. They distinguish themselves through industry specialization and expertise in their focus sectors. Compare their rates and terms with other lenders in our Commercial Lending Directory.
What states does Development Credit Fund Inc lend in?
Development Credit Fund Inc provides SBA 7(a) financing with particularly strong presence in MD, DC, VA. Based on their lending history, they have experience with diverse state-specific business regulations and licensing requirements.
Research Your Target Industry Before Applying
Before applying for SBA financing, research your industry's typical loan sizes, approval rates, and specialized lenders. Understanding industry-specific financing patterns can help you find the right lender and strengthen your application.
Our industry research reports provide comprehensive intelligence for 1,000+ industries including financial benchmarks, growth trends, financing patterns, and which lenders are most active in your sector.
Explore Industry Reports →Need a Business Valuation?
Certified valuations are often required for SBA loans over $250,000.
Get your certified valuation from Fair Market Value.