Seattle Economic Development Fund dba Community Ca
Seattle Economic Development Fund dba Community Ca is an active SBA lender in Washington, a development company offering SBA-guaranteed small-business loans. Currently rated 3.0 stars across 2 Google reviews.
$17M
in SBA approvals since 2010
127
SBA loans funded
Restaurants & Food Service · General Retail · Transportation & Trucking
Top industries financed
Source: U.S. SBA 7(a) & 504 FOIA loan-approval records (FY2010–present).
About Seattle Economic Development Fund dba Community Ca
Providing comprehensive financial services tailored for small businesses, this lender specializes in SBA loans to support business growth and development. They offer a range of loan programs including the SBA 7(a) and 504, designed to meet various funding needs such as working capital, equipment purchase, and real estate acquisition. With a focus on personalized service, they assist entrepreneurs in navigating the complexities of SBA lending, ensuring a smooth application process and timely funding. Their expertise extends to supporting startups and established businesses alike, fostering economic development within the community. The institution's commitment to accessible financing makes it a reliable partner for small business owners seeking flexible lending options and competitive terms. Whether you're looking for a small microloan or a larger SBA-backed loan, they are equipped to help you achieve your business goals with tailored solutions and expert guidance.
Common questions about Seattle Economic Development Fund dba Community Ca
What is this place and what can I find here?
This is a financial institution offering SBA-backed loans and small business financing solutions to help entrepreneurs grow and succeed in their markets.
Do I need an appointment or can I walk in?
It's recommended to schedule an appointment to ensure dedicated service, but walk-ins may be accommodated depending on availability.
What are the hours of operation?
Typically, they operate Monday through Friday from 9 am to 5 pm, but it's best to confirm hours directly with the branch.
Is there a fee to use this?
There are no fees to access basic consultation; however, loan application fees and interest rates apply based on the financing terms.
Who is this open to — anyone, or only residents/members?
This institution primarily serves small business owners and entrepreneurs within the region, with eligibility based on loan criteria.
Can a non-bank entity provide financing if my personal credit score is below 640?
Yes — non-bank lenders like Seattle Economic Development Fund dba Community Ca often work with borrowers whose personal credit falls below the 640 mark that many banks treat as a floor. They tend to weigh business cash flow, time in operation, and overall fit alongside your credit score. Approval and terms still depend on your full profile, so ask Seattle Economic Development Fund dba Community Ca what minimum it looks for.
Is the loan application and validation pipeline fully digital with this provider?
Many non-bank lenders run a largely online process — application, document upload, and verification handled digitally, often with faster decisions than a traditional branch. Whether Seattle Economic Development Fund dba Community Ca's pipeline is fully digital from start to finish depends on the provider. Check Seattle Economic Development Fund dba Community Ca's website or ask their team how much of the process you can complete online.
Is this open on weekends?
Seattle Economic Development Fund dba Community Ca is a non-bank lender, so there is usually no branch to visit and its team generally works standard weekday hours. Many non-bank lenders do let you start or continue an application online at any time, including weekends. Check Seattle Economic Development Fund dba Community Ca's website or call to confirm when staff are actually available.
How do I get there and where do I park?
Seattle Economic Development Fund dba Community Ca operates largely online and by phone as a non-bank lender, so most clients never need to travel to an office. If an in-person meeting is offered, Seattle Economic Development Fund dba Community Ca will share the address and parking details when you schedule. Start by reaching out using the contact information on this page.
Who owns or operates this listing?
This page is an independent directory listing for Seattle Economic Development Fund dba Community Ca, an SBA-participating non-bank lender (a development company or community fund). It is maintained by SBA Lenders USA to help borrowers compare lenders — not by Seattle Economic Development Fund dba Community Ca itself, which runs its own lending under its own ownership. If you work at Seattle Economic Development Fund dba Community Ca, you can claim this listing from this page to manage it.
How current is the information on this page?
The core details for Seattle Economic Development Fund dba Community Ca — name, location, contact, and lender type — are compiled from public records and reviewed periodically. Rates, programs, credit policies, and hours change often and are not guaranteed here, so always confirm the latest terms directly with Seattle Economic Development Fund dba Community Ca before applying. If you represent Seattle Economic Development Fund dba Community Ca, claim this listing to keep its information up to date.
How do I contact this listing directly?
You can reach Seattle Economic Development Fund dba Community Ca by phone at (206) 684-8090 or online at seattle.gov — the details are in the contact card on this page. For SBA loans specifically, ask for their business lending or SBA department. Treat this directory page as a starting point and confirm hours and contact details with Seattle Economic Development Fund dba Community Ca before relying on them.
How do non-bank lender approval requirements differ from standard commercial institutions?
Non-bank lenders like Seattle Economic Development Fund dba Community Ca usually place more weight on business revenue, cash flow, and time in business, and less on a high personal credit score or hard collateral than a traditional bank. That can mean faster approvals and more flexibility, sometimes at a higher cost. Ask Seattle Economic Development Fund dba Community Ca what it requires and how its criteria compare for your situation.
Am I required to move my primary business checking account to this non-bank lender?
Generally no — non-bank lenders typically do not hold deposit accounts, so Seattle Economic Development Fund dba Community Ca usually cannot and will not require you to move your business checking to them, and you keep your existing bank for day-to-day banking. A deposit-relationship requirement is far more common at traditional banks, but confirm the specifics with Seattle Economic Development Fund dba Community Ca.
Do non-bank options favor asset-light tech fields or online retail brands?
Many non-bank and online lenders are comfortable with asset-light businesses — software, services, e-commerce, and online retail — because they underwrite on cash flow and revenue rather than physical collateral. That said, Seattle Economic Development Fund dba Community Ca sets its own focus and may serve a broad mix of industries. Ask Seattle Economic Development Fund dba Community Ca whether your field and business model fit what it typically funds.
What interest rate structures should I expect from a non-bank financing provider?
Non-bank financing can come as fixed or variable term loans, lines of credit, or revenue-based structures, and rates are often higher than a traditional SBA bank loan to reflect faster funding and looser criteria. The cost may be quoted as an APR or a factor rate. Ask Seattle Economic Development Fund dba Community Ca for the full APR and total repayment amount so you can compare offers fairly.
Can I refinance high-cost merchant cash advances into a term loan with this lender?
Refinancing or consolidating expensive merchant cash advances into a lower-cost term loan is a common goal, and some non-bank lenders and SBA programs allow it when the numbers support it. Eligibility depends on your cash flow and the existing debt. Ask Seattle Economic Development Fund dba Community Ca whether it refinances merchant cash advances and what it would take to qualify.
Do they allow seller notes to count toward the required borrower equity injection?
In many SBA-backed deals a seller note can count toward part of the borrower's required equity injection, often when it is placed on full standby for a set period. Whether Seattle Economic Development Fund dba Community Ca permits this, and on what terms, depends on the lender and the SBA rules in play. Confirm with Seattle Economic Development Fund dba Community Ca how it treats seller notes in your specific deal.
Do they offer international trade or export loan programs?
Some lenders take part in SBA export and trade programs such as the Export Working Capital Program or the International Trade Loan, which support businesses that sell abroad. Availability varies and not every non-bank lender offers them. If you export or plan to, ask Seattle Economic Development Fund dba Community Ca whether it offers export or international trade financing.
What happens if the primary business asset valuation comes back lower than the contracted purchase price?
If an appraisal or valuation comes in below the agreed purchase price, the gap usually has to be covered — by renegotiating the price, the buyer adding more cash, or the seller carrying a larger note — because lenders generally lend against the lower of cost or appraised value. Ask Seattle Economic Development Fund dba Community Ca how it handles a valuation shortfall before you commit.
