Gateway Community Developement Corporation

Application for Credit

What is CBDC?

As CBDCs, we assist in the creation of small businesses and in the expansion and modernization of existing businesses by providing financial and technical services to entrepreneurs.

• Financial assistance is available in the form of loans, loan guarantees and equity financing to existing and aspiring entrepreneurs.
• Business counselling, help & advice is available to small businesses. We help businesses to succeed and therefore we give high priority to the advisory role of our mandate.
• Entrepreneurship development and training to individuals and small business owners/managers is available in many of our offices.
• Technical assistance usually takes the form of guidance and coaching, and sometimes advocating on behalf of our clients to other lending establishments or regulatory agencies.

Typically, our services are targeted to entrepreneurs who require customized financing not normally available from traditional sources. 

We are not-for-profit community-based organizations run by volunteers from the local business community who firmly believe in improving the economic viability of their communities.

OUR VOLUNTEER BOARD
Investment decisions are made by an independent Board of Directors sensitive to the needs of its community. The directors are volunteers from the business sector dedicated to helping make their community a better place in which to live and work.

The strength of the CBDCs is in our volunteer boards. They have an intimate knowledge of the local markets, the business environment and the people in their communities.