North Texas Certified Development

What North Texas Certified Development does

North Texas Certified Development Corporation (NTCDC, DBA "North Texas CDC") is a privately held Certified Development Company founded in 1981 and headquartered in Plano, Texas. It is licensed by the U.S. Small Business Administration to administer the SBA 504 Loan Program, issuing debentures in the private capital market and originating long-term, fixed-interest, below-market-rate loans to Texas small businesses for owner-occupied real estate purchases, new construction, expansion, and machinery/equipment financing. NTCDC also serves as a qualified SBA 7(a) loan consultant, routing that product through partner banks and financial lenders.

NTCDC operates a narrow product platform centered on the 504 program (rates quoted as low as 5.933% for 25-year manufacturing and 6.176% for 25-year fixed), supplemented by 7(a) consulting (up to $5,000,000) and a deterministic, self-service Loan Calculator on its website that models payment schedules across land, building, equipment, professional fee, and contingency inputs. Back-office operations include loan application processing, underwriting, closing coordination, and ongoing portfolio servicing (modifications, deferments, restructures, collateral releases, UCC-1 monitoring), with Wells Fargo acting as Central Servicing Agent for automated payment processing.

The business model combines a one-time CDC processing fee on each closed loan with ongoing interest income from debenture-funded loans retained on the balance sheet. NTCDC employs approximately 15 staff including a President & COO (Wayne Smith), Senior Underwriter, Insurance Specialist, Loan Processor, Servicing Specialist, Portfolio Manager, and multiple Business Development Officers distributed across Texas. Distribution is hybrid: a direct field sales team covering all of Texas (including rural markets) combined with channel partnerships — participating banks and lenders (required for every 504) and referral relationships with Small Business Development Centers. The company is independently owned, operates without venture capital or institutional backing, and is not publicly listed.

Name

North Texas Certified Development

Legal name

North Texas Certified Development Corporation

Website

https://northtexascdc.com

Company type

Private

Founded year

1981

Operating status

Operating

Headcount range

11–50 employees

Short description

North Texas Certified Development Corporation is a Plano, Texas-based SBA Certified Development Company, founded in 1981, that originates long-term, fixed-interest SBA 504 loans for small businesses across the state, also providing 7(a) loan consulting, loan application processing, and portfolio servicing through bank and SBDC partnerships.

Ownership category

akta.pro rank

Product category

SBA 504 Commercial Lending

SIC

Federal & Federally-Sponsored Credit Agencies (6111), Miscellaneous Business Credit Institution (6159), Mortgage Bankers & Loan Correspondents (6162)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

akta.pro secondary industries

SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI), Construction & Development (C&D) Lending — Commercial/Multifamily (FSALADAH)

Keywords

• SBA 504 loans
• Small business financing
• Commercial real estate lending
• CDC loan programs
• Fixed-rate business loans

Headquarters

HQ city

Plano

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. CDC Processing Fees: NTCDC charges processing fees for SBA 504 loans. When the loan is approved by the SBA, an additional deposit of two thirds of the CDC Processing Fee is made to NTCDC. Upon funding, deposits are refunded to the borrower.
2. SBA 504 Loan Interest: As a CDC, NTCDC facilitates long-term, fixed-interest, below market-rate financing for small businesses. They issue debentures for sale in the private capital market, with proceeds loaned to small businesses under favorable terms.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels5 records

Core offering

NTCDC administers the SBA 504 Loan Program, providing long-term, fixed-interest, below market-rate financing to small businesses for purchasing real estate, funding new construction, expanding locations, and financing fixed assets/machinery. It partners with commercial banks (which are required by SBA rules to use a CDC for 504 loans) and serves all of Texas through business development officers located in major markets and rural communities. The company earns CDC processing fees and interest spread on debentures sold in the private capital market.

Product overview

North Texas Certified Development (NTCDC) offers a single unified financial services platform centered on the SBA 504 Loan Program as its core product. The company provides SBA 504 loans for small businesses to purchase real estate, fund new construction, expand locations, and finance fixed assets/machinery. Supporting services include 7(a) loan consulting, an online loan calculator tool, loan application processing, and portfolio servicing for existing borrowers. The company operates as a licensed CDC administrator under SBA guidelines, with loan officers located throughout Texas.

Differentiator

Problem solved

Functional benefit

Products and services

• SBA 504 Loan Program
• SBA 7(a) Loan Consulting
• Loan Application Processing
• Portfolio Servicing
• Loan Calculator

Quantifiable outcome

• Interest rates as low as 5.933% for manufacturing and 6.176% for standard 25-year fixed rate loans
• +1 more outcomes

Named customers4 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• Small Business Development Centers (SBDCs)supportingStrategic or Co-development PartnerNTCDC works closely with local Small Business Development Center offices. SBDCs are SBA-funded resource centers that provide services such as putting together business plans, applying for financing, and estimating projections. Most services are free, with some seminars at nominal fees.

Scale indicators4 records

Recent moves5 records

Expansion highlights5 records

Emerging players

• Lendio: Lendio is an online small-business loan marketplace aggregating SBA and non-SBA lenders. It is an emerging peer because it targets the same small-business borrower that NTCDC serves and competes for SBA pipeline at the top of the funnel.
• SmartBiz Loans: SmartBiz is a fintech platform that streamlines SBA loan applications and connects borrowers to bank lenders. It is an emerging peer because it competes for the same SBA small-business borrower and could disintermediate origination funnels that feed CDC deal flow.
• Accion Opportunity Fund: Accion Opportunity Fund is a CDFI providing small-business loans including SBA products across multiple states. It is an emerging peer because it overlaps with NTCDC in small-business lending and target borrower profile, though it is structured as a CDFI rather than a CDC.

Direct peers

• BCL of Texas: BCL of Texas is a Texas-based Certified Development Company administering SBA 504 loans across the same geography and customer base as NTCDC. It is the most directly comparable peer because both organizations operate the same regulatory CDC model serving small businesses in Texas.
• Pacific Coast Small Business Development Corporation: PCSDC is a regional Certified Development Company administering SBA 504 loans on the West Coast. It is a direct peer because it operates the same CDC program with bank partnerships, debenture issuance, and small-business origination, but serves California rather than Texas.
• Florida First Capital Finance Corporation: Florida First Capital is a regional Certified Development Company administering SBA 504 loans in Florida. It is a direct peer because it operates the same CDC regulatory model with bank partnerships and small-business origination, but in a different geography than NTCDC.
• CDC Small Business Finance: CDC Small Business Finance is one of the largest Certified Development Companies in the U.S., administering SBA 504 loans for small-business borrowers. It is a direct peer because it operates the identical SBA 504 CDC model, processing structure, and bank-partnership distribution that NTCDC uses.

Regional players

• PeopleFund: PeopleFund is a Texas-based CDFI providing SBA loans and small-business financing across the same geography and customer base as NTCDC. It is a regional peer because it overlaps in SBA small-business lending in Texas, but is structured as a CDFI rather than a CDC.

Broad incumbents

• Wells Fargo Small Business Administration Lending: Wells Fargo is one of the largest SBA 504 participating lenders in the U.S. and serves as NTCDC's Central Servicing Agent. It is a broad incumbent peer because it originates the bank side of every 504 partnership deal and operates SBA lending at a national scale that dwarfs any single CDC.
• JPMorgan Chase SBA Lending: JPMorgan Chase is a major SBA 504 participating lender with a national small-business lending platform. It is a broad incumbent peer because it originates the bank-leg of 504 transactions and competes for the same SBA borrowers that NTCDC funds through its CDC partnerships.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/490576014448536
• LinkedInlinkedin.com/company/north-texas-certified-development-corporation

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about North Texas Certified Development