Business Development

The need for access to sufficient capital to fuel the ability of small business to expand and generate employment opportunities in the District is critical. The District utilizes its' financing programs to promote economic development by assisting private sector small business growth and expansion.

Traditionally, private sector lenders require businesses to collateralize loans to provide a relatively high degree of protection against loss. Specifically, lenders require hard assets such as land and buildings to secure financing. Our programs can provide the business' with the ability to sufficiently collateralize loans that may not be possible without our participation by assuming a subordinate collateral position relative to the private sector lender.