FDDC – Open for Business

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Like First District Development Company, businesses, educators, students, and families are experiencing life in new ways. Businesses in the hospitality industry have seen sales drop off, while businesses that provide video conferencing capabilities are experiencing skyrocketing sales.

Most businesses have adapted through alternative staffing schedules, limited services, or utilizing a remote workforce. Team meetings have evolved from focusing on work collaboration to employee sanity. It is actually nice to see your co-workers and have an adult conversation! Many of you can relate to having a team meeting similar to FDDC’s shown above.

As we are all finding our new normal, know that FDDC’s team stands ready to help you. We are still taking new loan applications, while continuing to fund and service our existing customers. We are also concerned about the stress on our borrowers and the small business community. If you are experiencing a hardship and currently have a loan through the First District Development Company office (including revolving loan funds or SBA 504 financing), please contact our office so that we can discuss your needs promptly.