Providing Small Business Lending Solutions

The East Texas Regional Development Company, ETRDC, was established in 1983 as a non-profit Certified Development Company as designated by the U.S. Small Business Administration (SBA). 


Our mission is to promote and assist with the economic development of East Texas through small business lending. Our primary lending program is the SBA504 small business loan.

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CUSTOMER ALERT

The East Texas Regional Development Company is an independent entity and is not affiliated with any outside funding agencies, government bodies, or financial institutions unless explicitly stated otherwise. We do not perform cold calls to or seek online payments from our clients. If you receive a call from anyone purporting to represent ETCOG or ETRDC and soliciting money to acquire a loan, that person does not represent ETCOG or ETRDC and you should not provide any such person with any funds for that purpose. Any loan applications are processed strictly between the ETRDC, a local bank, and the Small Business Administration.

Let us help you find a loan!

We are available to meet with lenders, borrowers, and others who are potentially interested in utilizing the SBA 504 loan program to meet their small business financing needs. Learn more about our loan types below.


SBA504 Loan

The SBA504 Loan program is a federal initiative to provide healthy, expanding or start-up businesses with long-term financing to promote economic development and focus on job creation.

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Chapman Loan

Chapman Loans can be used for fixed assets, new construction, renovations, leased property, equipment, inventory and working capital. 

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Current Loan Rates

SBA504 Loan Rates are updated monthly on the week of the 8th.

This rate is the all-inclusive rate which includes the rate of the note along with on-going servicing fees.

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10-Year Fixed

5.986%

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20-Year Fixed

6.239%

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25-Year Fixed

6.165%

East Texas Region

We are certified to lend anywhere in Texas. However, we are located in and administered by the East Texas Council of Governments (ETCOG). Councils of Governments are voluntary associations of local governments formed under Texas law. ETCOG serves fourteen counties in the East Texas region. 

map of 14 county East Texas Region

News & Announcements

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ETRDC Partners with Local SBDC and SBA to Host Lenders Roundtable in Longview

By East Texas Regional Development Company • August 31, 2022
The East Texas Regional Development Company will sponsor an East Texas Lenders Roundtable hosted by UT Tyler-Longview Small Business Development Center (SBDC) and the Small Business Administration to discuss SBA 7a loans and 504 lending basics. Expert panelists will discuss various loan programs and resources to help businesses increase their portfolios and obtain financing.
Texas Economic Development Program Logo

Grant Opportunity for Texas businesses in the Tourism, Travel, and Hospitality Industry

By Office of the Governor Texas Economic Development & Tourism • July 15, 2022
The Office of the Governor has announced the launch of a new recovery program, the Texas Travel Industry Recovery Grant Program (TTIR), which will begin accepting applications on July 6, 2022. The purpose of this program is to provide grants to Texas businesses in the tourism, travel, and hospitality industry that were negatively impacted due to COVID-19.
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