Cascade Capital Corporation
Cascade Capital Corporation is an SBA-accredited Certified Development Company founded in 1983 in Akron, Ohio, providing SBA 504, Ohio 166, and SBA 504 debt refinance loans to small and growing businesses across Northeastern Ohio in partnership with commercial banks.
- Company typePrivate
- Founded1983
- HeadquartersAkron, United States
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Cascade Capital Corporation does
Cascade Capital Corporation is a privately held economic development finance company founded in 1983 and headquartered in Akron, Ohio. Accredited by the U.S. Small Business Administration as a Certified Development Company (CDC), it operates three core loan programs targeted at small and growing businesses in Northeastern Ohio: the SBA 504 Loan (a 50%/40%/10% bank/SBA/borrower structure for fixed asset financing), the Ohio 166 Regional Loan (a state-administered program administered in partnership with the Ohio Developmental Services Agency offering fixed-rate loans from $50,000 to $1,000,000), and the SBA 504 Debt Refinance Program. The company functions as a credit-enhancement intermediary, partnering with local and regional commercial banks that originate first-mortgage financing while Cascade Capital supplies the SBA-backed second-mortgage piece.
The company's go-to-market is sales-led and relationship-driven, with no proprietary technology platform disclosed. Customer acquisition flows primarily through partner commercial banks, county-level economic development organizations (Greater Akron Chamber, Team NEO/JobsOhio, multiple county EDCs), and the company's own annual Business Growth Awards Program, which doubles as a networking event for bankers, accountants, and small business advocates. Pricing is transaction-based: 2.15% loan fees plus $2,000–$2,500 legal closing costs on SBA 504 deals and 1.0% plus $2,000 legal closing costs on Ohio 166 loans, with current SBA 504 rates of 5.62%–6.16% and Ohio 166 at 4.00% fixed. Since inception, Cascade Capital reports cumulative project funding approaching $1 billion, while investing nearly $1 million of its own capital into regional economic development projects.
The business is mission-driven rather than venture-backed, with no disclosed parent company, no fundraising activity, and no AI or software capabilities. Operating with 11–50 employees across a single Akron office, the firm derives revenue primarily from loan processing and ongoing portfolio management fees on its transaction-based lending model, with the named management team consisting of Executive Director Robert Filipiak, Senior Loan Officer Dan Riffle, and Portfolio Manager Julie Ann Sweet-Buntin.
Cascade Capital Corporation firmographics
Firmographics- Name
- Cascade Capital Corporation
- Legal name
- Cascade Capital Corporation
- Website
- https://cascadecapital.org
- Company type
- Private
- Founded year
- 1983
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Cascade Capital Corporation is an SBA-accredited Certified Development Company founded in 1983 in Akron, Ohio, providing SBA 504, Ohio 166, and SBA 504 debt refinance loans to small and growing businesses across Northeastern Ohio in partnership with commercial banks.
- Ownership category
- akta.pro rank
Cascade Capital Corporation industry classification
Industry- Product category
- Small Business Commercial Lending
- NAICS
- Mortgage and Nonmortgage Loan Brokers (52231)
- SIC
- Loan Brokers (6163), Mortgage Bankers & Loan Correspondents (6162)
- akta.pro primary industry
- SBA/Government-Backed & Development Finance Loans (FSAKAGAI)
- akta.pro secondary industry
- SBA/USDA Government-Backed Loan Intermediation (FSAEAEAI)
Keywords
Where Cascade Capital Corporation is headquartered
LocationHeadquarters
- HQ city
- Akron
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Cascade Capital Corporation business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- SBA 504 Loan Program: Cascade Capital Corporation generates revenue through the SBA 504 Loan Program, providing second-mortgage financing (40% of project cost) alongside commercial bank first-mortgage financing (50%) and borrower equity (10%). The company charges fees for loan processing and services fixed asset expansion projects for small businesses.
- Ohio 166 Regional Loan Program: Revenue is generated through the Ohio 166 Regional Loan Program as an administrator, providing fixed asset financing at competitive fixed interest rates (currently 4.00% fixed) with loan limits ranging from $50,000 to $1,000,000. The company charges 1.0% fees on loans.
- SBA 504 Debt Refinance Program: The company provides refinancing for qualified existing debt used to finance eligible fixed asset purchases through the SBA 504 Debt Refinance Program (DRP), generating revenue through loan processing fees and ongoing portfolio management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Multi-year contract | SBA 504 Loans - Up to $5.0 million ($5.5 million for manufacturing/energy reduction) |
| Transaction based/ take rate | Multi-year contract | Ohio 166 Regional Loans - $50,000 minimum to $1,000,000 maximum |
| Transaction based/ take rate | Multi-year contract | SBA 504 Refinance Program (DRP) - Up to 90% LTV |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels4 records
Cascade Capital Corporation product offering
Product offeringCore offering
Cascade Capital Corporation is an economic development finance company that provides long-term fixed asset financing to small businesses through three core programs: the SBA 504 Loan Program (40% second-mortgage paired with 50% bank first-mortgage and 10% borrower equity), the Ohio 166 Regional Loan Program (state-administered fixed-rate loans from $50,000 to $1,000,000), and the SBA 504 Debt Refinance Program for refinancing qualified existing fixed asset debt. Loans fund operating facility purchases, equipment acquisition, and business acquisitions primarily for borrowers in Northeastern Ohio.
Product overview
Cascade Capital Corporation is an economic development finance company offering a portfolio of fixed asset financing programs for small businesses. The core offerings consist of three interconnected loan products: the SBA 504 Loan Program (providing fixed asset financing structured with bank partnership), the Ohio 166 Regional Loan Program (state-administered financing with competitive fixed rates), and the SBA 504 Debt Refinance Program (enabling refinancing of existing fixed asset debt). The company also operates a Business Growth Awards Program to recognize client companies demonstrating outstanding growth performance. The products are designed to work in partnership with commercial banks to provide up to 90% project financing with below-market fixed interest rates.
Differentiator
Problem solved
Functional benefit
Products and services
- SBA 504 Loan Long-term fixed asset financing program for small businesses providing up to 90% project financing (up to $5.0 million, or $5.5 million for manufacturing/energy reduction) for purchasing operating facilities, equipment, and existing companies. Structured with a 50% bank first mortgage, 40% SBA 504 second mortgage through Cascade Capital, and 10% borrower equity. Current rates: 25-year at 6.11%, 20-year at 6.16%, 10-year at 5.62%, with 2.15% loan fee and $2,000-$2,500 legal closing costs.
- Ohio 166 Regional Loan State-administered fixed asset financing program offered as Administrator in partnership with the Ohio Developmental Services Agency. Provides financing for land purchase, building construction, building purchase/renovation, and machinery/equipment purchase/install at a fixed 4.00% interest rate, with loan sizes from $50,000 to $1,000,000, a 1.0% loan fee, and $2,000 legal closing fee.
- SBA 504 Debt Refinance Program (DRP)
Quantifiable outcome
- Up to 90% project financing availability
- +2 more outcomes
Companies that use Cascade Capital Corporation
Customer profileNamed customers1 record
Segments1 record
Ideal customer profiles1 record
Cascade Capital Corporation technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Cascade Capital Corporation partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- Greater Akron ChambercoreStrategic partnership with the Greater Akron Chamber for economic development initiatives and business referrals in Summit County.
- Summit County Community and Economic DevelopmentminorCounty-level economic development partnership for Summit County business development initiatives.
- Team NEO/Jobs OhiominorRegional economic development partnership covering Cuyahoga County and broader NEO region.
- Medina County Economic Development CorporationminorCounty-level economic development partnership for Medina County business referrals.
- Portage Development BoardminorCounty-level economic development partnership for Portage County business referrals.
- Wayne Economic Development CouncilminorCounty-level economic development partnership for Wayne County business referrals.
- Stark Development BoardminorCounty-level economic development partnership for Stark County business referrals.
- City of Akron Economic DevelopmentminorCity-level economic development partnership for Akron business development and referrals.
Scale indicators4 records
Recent moves6 records
Expansion highlights3 records
Cascade Capital Corporation competitors and assessment
Company assessmentOthers
- National Association of Government Guaranteed Lenders (NAGGL): Trade association representing SBA lenders including CDCs and bank partners; not a peer lender but its policy advocacy directly affects the operating environment for Cascade Capital's SBA 504 business.
- Greater Akron Chamber: Strategic referral partner rather than direct competitor, but operates in the same NEO economic development ecosystem as Cascade Capital and channels small business financing demand to the company and other lenders.
Broad incumbents
- KeyBank: A major regional bank with significant Northeastern Ohio footprint and active SBA lending practice; both competes with and partners as a first-mortgage lender for SBA 504 deals in the same NEO market as Cascade Capital.
- Huntington Bancshares: A regional bank holding company headquartered in Columbus, Ohio with deep NEO presence; serves as a first-mortgage bank partner to Cascade Capital and also originates SBA 504 loans through its own CDC-adjacent channels.
Direct peers
- Mercantile Capital Corporation: An SBA 504 Certified Development Company providing second-mortgage SBA financing for small business fixed-asset projects, operating under the same CDC accreditation framework as Cascade Capital.
- Mountain West Small Business Finance: A regionally focused SBA 504 lender operating across multiple Mountain West states, directly comparable to Cascade Capital as a Certified Development Company sourcing deals through bank and economic development partnerships.
- Progress Industries / Progress Fund (PA): A Pennsylvania-based CDC providing SBA 504 and other government-backed small business loans, comparable to Cascade Capital as a regional mission-driven economic development lender with a similar bank-partner model.
- CDC Small Business Finance: One of the largest SBA 504 Certified Development Companies in the U.S., directly comparable to Cascade Capital in providing SBA 504 second-mortgage financing alongside commercial bank partners for small business fixed-asset projects.
- Florida First Capital Finance Corporation: A Florida-based Certified Development Company administering SBA 504 loans statewide through commercial bank partners, structurally identical to Cascade Capital's CDC model and government-backed fixed-asset lending focus.
- Pacific Coast Regional SBDC Corporation: A California-based Certified Development Company packaging SBA 504 loans for small businesses, with a comparable CDC business model and bank-partner origination structure to Cascade Capital.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks5 records
Key highlights6 records
Customer concentration
Cascade Capital Corporation social profiles
Digital presenceCascade Capital Corporation financial estimates
Financial estimateRevenue estimate
Valuation estimate
Cascade Capital Corporation leadership team
Management profileNumber of profiles
Profiles3 records
Cascade Capital Corporation funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Cascade Capital Corporation M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Cascade Capital Corporation
What does Cascade Capital Corporation do?
Cascade Capital Corporation is an economic development finance company that provides long-term fixed asset financing to small businesses through three core programs: the SBA 504 Loan Program (40% second-mortgage paired with 50% bank first-mortgage and 10% borrower equity), the Ohio 166 Regional Loan Program (state-administered fixed-rate loans from $50,000 to $1,000,000), and the SBA 504 Debt Refinance Program for refinancing qualified existing fixed asset debt. Loans fund operating facility purchases, equipment acquisition, and business acquisitions primarily for borrowers in Northeastern Ohio.
Is Cascade Capital Corporation a public or private company?
Cascade Capital Corporation is a private company. It is classified as unknown and is currently operating.
When was Cascade Capital Corporation founded?
Cascade Capital Corporation was founded in 1983. It employs 11 to 50 people.
Where is Cascade Capital Corporation based?
Cascade Capital Corporation is headquartered in Akron, United States, in the North America region.
How does Cascade Capital Corporation make money?
Three revenue lines are on record. SBA 504 Loan Program is the primary driver. The others are ohio 166 Regional Loan Program and SBA 504 Debt Refinance Program.
Who are Cascade Capital Corporation's main competitors?
Others on record are National Association of Government Guaranteed Lenders (NAGGL) and Greater Akron Chamber. Broad incumbents are KeyBank and Huntington Bancshares. Direct peers are Mercantile Capital Corporation, Mountain West Small Business Finance, Progress Industries / Progress Fund (PA), CDC Small Business Finance, Florida First Capital Finance Corporation and Pacific Coast Regional SBDC Corporation.
Does Cascade Capital Corporation have an API?
No public API is recorded for Cascade Capital Corporation.
What industry is Cascade Capital Corporation in?
Cascade Capital Corporation's product category is Small Business Commercial Lending. Its primary akta.pro industry code is FSAKAGAI, SBA/Government-Backed & Development Finance Loans, with a secondary code of FSAEAEAI, SBA/USDA Government-Backed Loan Intermediation. Its NAICS code is 52231 and its SIC code is 6163.