Small Business Lending

“GAF has lent over $116 million to 366 businesses across the country, creating or retaining over 9,200 jobs and leveraging over $180 million in the process.“

-John Palyo, President, NDC Grow America Fund

The NDC Grow America Fund (GAF), in cooperation with our Community Partners, provides financing to growing small businesses throughout the country.  GAF operates as a community development lender to support the creation of jobs and the expansion of eligible small businesses in underserved areas, particularly minority and women-owned businesses.  The financing provided is partially guaranteed by the U.S. Small Business Administration under GAF’s Small Business Lending Company license, and GAF has Preferred Lender status nationwide.

GAF lending differs from conventional lending by providing:

• Longer Terms – Using repayment schedules up to 25 years that give the borrower smaller monthly loan payments
• Larger Loans - Providing loan amounts ranging from $100,000 to $2 million
• Lower Down Payments – Allowing higher loan-to-value ratios to preserve the business’s equity and maximize growth potential
• Lower Interest Rate – Providing lower interest rates to enhance community development rather than corporate profit
• Better Structure - Matching the term of the loan to the life of the assets being financed, ensuring debt service does not exceed available cash flow

These features make a difference!

Download NDC Grow America Fund (GAF) Information

GAF Brochure GAF Portfolio & Statistics

We provide healthy, growing small businesses that are beyond a conventional lender’s profile with access to capital.  As a result of GAF financing, Community Partners benefit from the job creation and economic energy of small business growth that is so crucial for economic vitality.