SCTD provides small businesses with long term, fixed rate financing for up to 25 years, often times with lower down payments than conventional alternatives, for owner occupied fixed assets. Our Non-Conventional financing programs can fund business start-ups, acquisitions, or expansions, and can be pre-approved to provide an authorization for take down financing for projects with new construction or renovations.
Our Non-Conventional loan programs are designed to encourage business growth and private investment while stimulating job creation and furthering several other economic and community development goals. SCTD is focused on improving access to capital in rural areas of Tennessee and supporting the continuing growth by enhancing competition in the urban areas of the State.
Our Non-Conventional loan programs are designed to encourage business growth and private investment while stimulating job creation and furthering several other economic and community development goals. SCTD is focused on improving access to capital in rural areas of Tennessee and supporting the continuing growth by enhancing competition in the urban areas of the State.
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