CDA

Financing

The Connecticut Development Authority offers business loans and incentives that enable and encourage companies to expand and succeed.

CDA Loan Underwriting Requirements

  • Application including financial statements, projections and supporting documentation
  • Demonstrated ability to repay CDA’s investment through historical operations and/or reasonable cash flow projections
  • Personal guarantee of principals owning 10% or more of the business (except publicly traded companies)
  • Assistance based upon job retention or creation (except for Industrial Revenue Bonds and URBANK)