CSRA Direct Loans

CSRA Business Lending is a non-profit corporation that, in addition to being a Certified Development Corporation of the U.S. Small Business Administration offering SBA-504 loans, also has a direct loan program called CSRA Direct. Just like our SBA-504 program, we like to partner with banks on projects with many of our loans being subordinate debt financing.

CSRA Direct loans are much more flexible than the typical SBA loan, and the process, approval, and closing is very easy.  

CSRA Direct loans are funded with grants from the Economic Development Administration, loans from the Department of Agriculture, and excess revenues from our SBA-504 program that are reinvested back into this program as part of our economic development mission.  The $13,400,000 fund makes loans up to $500,000. Over 375 loans have been funded from our CSRA Direct Program since its inception. The CSRA Direct Program loans can be used for a variety of purposes and are currently funded at fixed rates of 6.50% with a 1% fee with most being subordinate to other financing a business is receiving.