Business Details
43 Years
experience
Trusted SBA and Ohio Loan Programs for Business Growth
Since 1983, Cascade Capital Corporation has provided dependable financing solutions for growing businesses in Greater Akron and Northeastern Ohio. As a Certified Development Company accredited by the U.S. Small Business Administration, we specialize in SBA 504 loans, SBA 504 Refinance Program funding, and Ohio 166 Regional Loan Program financing. Our expertise lies in structuring long-term fixed asset financing for operating facilities, equipment purchases, and business acquisitions through partnerships with local commercial banks. We maintain a disciplined underwriting approach while prioritizing quick approval times and meaningful economic development investments.To date, we have facilitated nearly $1 billion in project financing and contributed $1 million directly to Northeast Ohio's economic growth. Our team combines decades of experience with a commitment to equal opportunity lending, serving clients without regard to demographic factors. The annual Business Growth Awards Program recognizes regional companies achieving exceptional sales and employment growth, further reinforcing our dedication to community development.
Services
SBA 504 Loans
Ohio 166 Loans
SBA 504 Refinance
Business Growth Awards
Economic Development Partnerships
Details
- Year established: 1983
Highlights and features
- Certified Development Company with 40+ years of SBA loan expertise
- Partners with local banks to bridge financing gaps for growing businesses
- Specializes in 90% project financing with low down payment requirements
- Offers fixed interest rates as low as 4.25% through Ohio 166 Program
- Committed $1 million to Northeast Ohio economic development projects
Associations and certifications
- U.S. Small Business Administration (SBA)
What people say
Positive & Energetic
Quick and simple process
Helped reduce down payment
Provided security for our bank
Easy to work with
Services
SBA 504 Loans
Our SBA 504 Loan Program provides long-term financing for fixed assets like commercial real estate and equipment. Businesses can access up to 90% project financing with 10% equity contributions. This program stabilizes cash flow through below-market fixed interest rates and terms up to 20 years for real estate or 10 years for equipment.
Ohio 166 Loans
The Ohio 166 Regional Loan Program offers competitive fixed-rate financing for fixed asset purchases. Qualified businesses receive terms up to 20 years at rates starting at 4.25%. This program supports economic development through partnerships with local banks and government agencies across Northeast Ohio.
SBA 504 Refinance
Our SBA 504 Refinance Program helps businesses restructure existing debt for qualifying fixed assets. Companies can refinance buildings or equipment purchased at least two years ago based on current appraised values. This program improves cash flow through extended repayment terms and stabilized interest rates.
Business Growth Awards
This annual awards program honors Northeast Ohio companies achieving exceptional growth in sales and employment. Winners receive formal recognition, commemorative plaques, and networking opportunities. Eligible businesses must demonstrate 100% sales growth or $5M increase and 50% employee growth over five years.
Economic Development Partnerships
We actively invest in local economic development through partnerships with county agencies and commercial banks. Our initiatives focus on job creation and capital investment in Summit, Medina, Portage, and surrounding counties. These partnerships have generated nearly $1 billion in project financing since our founding in 1983.
Questions
What loan programs does Cascade Capital offer?
We provide SBA 504 Loans, Ohio 166 Regional Loans, and SBA 504 Refinance Program funding for fixed asset purchases and business expansions.
How does the SBA 504 Loan Program work?
This program structures financing with 50% bank funding, 40% SBA 504 loan, and 10% borrower equity for long-term fixed asset investments.
What are current interest rates?
Current rates range from 5.76% for 10-year terms to 6.13% for 20-year terms under our SBA 504 Program, with Ohio 166 loans starting at 4.25%.
Which areas do you serve?
We primarily serve Northeast Ohio including Summit, Medina, Portage, Stark, Wayne, Ashland, and Holmes counties.
What is the Business Growth Awards Program?
This annual program recognizes companies achieving 100% sales growth or $5M increase and 50% employee growth over five years through formal awards and networking events.
How can I apply for financing?
Contact our Akron office at 330-379-3160 to discuss your project with our team and begin the application process through our bank partners.