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504 Loan Program - small group

What is MADCO?
How Does it Work?
What are the Requirements?  
Who Qualifies?
Rates, Terms and Fees
What are the Advantages?
How do I Apply?  
MADCO Board Members

 



MADCO/SBA 504

There's good news for small businesses interested in long term, fixed-rate, subordinate financing - Metro Area Development Corporation or MADCO.

MADCO is a private, non-profit corporation that works with the U.S. Small Business Administration (SBA) to arrange affordable financing for small, growing businesses in Oklahoma.

MADCO's goal is simple, to help businesses grow and expand and thereby create new, private-sector jobs.

Although MADCO is entirely privately financed, it is a Certified Development Company (CDC) certified by the Small Business Administration to provide SBA 504 loans. These loans offer many advantages to small businesses including long-term, fixed rate financing with a low down payment. By blending a SBA 504 loan with private financing, small businesses can often secure otherwise unavailable financing at a rate that is lower than would be available without SBA assistance.

 

Metro Area Development Corporation
6412 North Sante Fe Ave., Suite C
Oklahoma City, OK 73116
405-424-5181 .. fax 405-424-1781

 

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