FAQ

Does CDR provide grants?
No, CDR does not provide grants, however; CDR does “grant” every person the opportunity to complete a loan application.

What interest rate does CDR charge?
All interest rates are based on risk and collateral, however; CDR’s rates are comparable to commercial loan rates.

What are the terms of CDR loans?
Terms for business loans can be from 1-5 years based on project, collateral and amount.

Are there any fees associated with CDR’s loans?
Yes. (Please see Loan Section on site.)

How long does the loan review process take?
After the complete loan application is received, the loan review decision is determined within 3 weeks.

Is collateral required for all CDR loans?
Yes.

What can I use the loan capital for?
The loan capital can be used for: Real Estate, Equipment, Furniture & Fixtures, Inventory and Working Capital.

Is training required to get a loan?
There are certain circumstances that CDR will require training for loan approval.

How long do you need to be in business to receive a loan?
CDR provides loans for start-up or existing businesses, however; business plans are strongly recommended for start-up businesses.

What type of business do you finance?
CDR may finance any entity that operates as a legal business in the state of Nebraska.

Does CDR make loans anywhere in the United States?
No. CDR’s service area is Lincoln and Lancaster County only.