- Use of Proceeds
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Software: ERP, CRM and PDM systems
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Hardware: RFID, PC
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Plant expansion to house IT areas
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Lease hold improvements dedicated to IT
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Education and training in new systems
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IT/ISO Certification
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High speed Internet access
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Systems and devices to safeguard wireless networks, remote users of networks
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Redundancy and backup systems (on-site and off-site disaster recovery)
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- CDA Program: IT loans
- Amount: Up to $750,000
- Term Maturity: Up to 7 years
- Eligibility:
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Financial Services
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Health Services
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High Technology
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Manufacturing
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- Loan Terms:
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Personal guarantee of owner(s)
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Debt-service capability is evident
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Interest rate appropriate to requested assistance
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Maturity tailored to transaction–up to 7 years
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- Benefits to Borrower:
Ability to acquire IT/Upgrades without accessing working capital or utilizing internal funds - Borrower's Process:
Contact CDA Loan Officers:
Janet M. Siegenthaler
860.258.7816P. Joseph Harpie
860.258.7832Brien T. Day
860.258.7831Linda L. Wieleba
860.258.7894See our CDA Lending Partners.
- For Additional Information on All CDA Programs: Contact CDA by email
- Applications:
Direct Loan Application - Other Helpful Documents:
Personal Financial Statement
Comprehensive Business Plan Outline
Financing Business Plan Outline - Take a survey to help you better assess your company's IT systems capacity.
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