Ohio Statewide Development Corporation

Name

Ohio Statewide Development Corporation

Legal name

Ohio Statewide Development Corporation

Website

https://osdc.net

Company type

Private

Founded year

1979

Operating status

Operating

Headcount range

1–10 employees

Ownership category

akta.pro rank

Product category

Small Business Lending

NAICS

Sales Financing (52222)

SIC

Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

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

akta.pro secondary industry

National/Regional Development Finance Institutions (DFIs) (FSABAKAB)

Keywords

• SBA 504 loans
• Small business financing
• Commercial real estate loans
• Government-backed lending
• Certified development company

Headquarters

HQ city

Columbus

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. SBA 504 Loan Program: OSDC originates and services SBA 504 loans in partnership with banks. These loans finance up to 40% of commercial real estate and equipment purchases for small businesses with low fixed interest rates and longer terms than conventional financing.
2. Ohio Regional 166 Loan Program: State-backed direct loan program financing 30-40% of commercial real estate and equipment purchases for Ohio businesses, provided in conjunction with banks.
3. SBA 504 Green Energy Loans: Specialized SBA 504 loans for clean energy projects, expanded in 2024 to allow up to $5.5 million without previous lending caps for qualifying energy projects.
4. VetLoan Advantage Program: Specialized loan program for veteran-owned businesses with benefits including waived application fees and appraisal rebates.

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels6 records

Core offering

OSDC is a non-profit Certified Development Company (CDC) that provides government-backed SBA 504 loans and state-backed Ohio 166 loans to Ohio small businesses for commercial real estate and equipment purchases. The company partners with banks and credit unions to structure financing with below-market fixed rates, lower down payments (typically 10%), and longer terms than conventional bank loans, with SBA 504 financing up to 40% of project costs.

Product overview

Ohio Statewide Development Corporation operates as a single-platform financial services company offering two primary loan programs: the SBA 504 Loan Program (government-backed) and the Ohio 166 Regional Direct Loan Program (state-backed). The SBA 504 provides long-term, fixed-rate financing for commercial real estate and equipment purchases, while the Ohio 166 offers state-backed financing for Ohio businesses creating or retaining jobs. OSDC also offers specialized programs including the VetLoan Advantage Program for veteran-owned businesses and the SBA 504 Green Energy Loan Program for clean energy projects. The company does not offer a technology product; all programs are structured financial products delivered in partnership with banks and lending institutions.

Differentiator

Problem solved

Functional benefit

Products and services

• SBA 504 Loan Program A government-backed loan program licensed by the U.S. Small Business Administration that helps Ohio small businesses purchase commercial real estate and equipment with low fixed interest rates and smaller down payments than conventional bank loans. OSDC partners with banks to finance up to 40% of total project costs with terms of 10, 20, or 25 years.
• Ohio 166 Regional Direct Loan Program A state-backed financing program administered by OSDC in partnership with the Ohio Department of Development for Ohio businesses that create or retain jobs. Provides longer loan terms at fixed, below-market interest rates with lower down payment requirements, financing 30-40% of commercial real estate and equipment purchases.
• VetLoan Advantage Program A specialized SBA loan program for veteran-owned businesses (50%+ veteran ownership) that offers a waived application fee and up to $3,000 appraisal rebate as a token of appreciation for military service.
• SBA 504 Green Energy Loan Program An expanded SBA 504 loan program for clean energy projects that allows eligible Ohio businesses to borrow up to $5.5 million per 504 debenture without being subject to previous SBA lending caps. Projects can include solar installations, energy-efficient HVAC systems, building retrofits, or clean energy manufacturing facilities.
• CORFund Loan Guarantee Program A loan guarantee program offered by OSDC to support Ohio small businesses seeking financing, listed on the company's loan programs page alongside SBA 504 and Ohio 166 offerings.

Quantifiable outcome

• $105 million in total lending and $380+ million in public/private investment to Ohio economy
• +8 more outcomes

Named customers43 records

Segments6 records

Ideal customer profiles6 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• OhioSE / JobsOhiocoreStrategic or Co-development PartnerNon-Bank Referral Partner of the Year. Regional office of JobsOhio with strong referral activity connecting growing businesses with OSDC financing.
• Columbus Urban LeaguecoreStrategic or Co-development PartnerBoard Referral Partner of the Year. OSDC Board member Heather Landon connects small businesses with financing opportunities and advocates for economic equity.

Scale indicators12 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Accion: National nonprofit Community Development Financial Institution (CDFI) providing small business loans, including SBA programs, across a broader geographic footprint than OSDC. Operates a related but broader mission-driven small business lending model with more products and larger scale.
• Capital Impact Partners: National nonprofit CDFI providing loans and capital to underserved communities and small businesses. Represents a larger, broader mission-driven small business lender with overlapping program structure but materially larger scope and scale than OSDC.

Others

• National Association of Development Companies (NADCO): Trade association representing Certified Development Companies nationwide, including OSDC as a member. Provides policy advocacy, training, and program administration support to CDCs, serving as an ecosystem/affinity organization rather than a competitor.

Direct peers

• Business Finance Corporation: SBA 504 Certified Development Company providing SBA-backed commercial real estate and equipment financing to small businesses. Operates the same CDC model with similar product mix (504 loans, equipment financing) as OSDC.
• CDC Small Business Finance: California-based Certified Development Company providing SBA 504 loans and small business financing under the same SBA CDC licensing model as OSDC. Among the largest CDCs in the country by origination volume, making it the closest direct comparable for OSDC's core SBA 504 and equipment financing business.
• Growth Capital Corporation: Ohio-based Certified Development Company providing SBA 504 loans within the same state as OSDC. Directly competes for the same bank partner referrals and Ohio small business borrowers using the same SBA CDC regulatory framework.
• Florida First Capital Finance Corporation: Florida-based Certified Development Company providing SBA 504 loans and other small business financing to Florida businesses. Operates the same CDC regulatory model as OSDC with a state-level geographic focus, making it directly comparable in business model and program structure.

Regional players

• Dayton Development Coalition: Ohio-based regional economic development organization serving the Dayton region. Operates as a regional peer to OSDC in the Ohio economic development ecosystem with potential overlap in small business capital and growth services.
• JobsOhio: Ohio's private nonprofit economic development corporation that drives job creation and capital investment across the state. While not a CDC, JobsOhio is a regional development peer that overlaps with OSDC's mission of supporting Ohio business growth and is already a referral partner through OhioSE.
• Greater Cleveland Partnership: Ohio-based regional economic development organization serving the Cleveland/Northeast Ohio market. While not a direct SBA lender, it functions as a regional economic development peer with potential overlap in small business referral networks and policy advocacy.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/ohiostatewide

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 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 Ohio Statewide Development Corporation