Community Capital Development Corporation
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Community


Target Market

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The  Operational  Lending  Sphere  (Trade Market)
of  CCDC  initially  is  eight  counties  located  in
northwestern Pennsylvania (Erie, Crawford, Mercer, Lawrence, Warren, Venango, Forrest, and Clarion)
and will expand ultimately to include additional counties.

CCDC  will  conduct  business  development  and market  its loan  products  to  businesses  in  the  aforementioned Trade  Market, to  service the borrowing  needs of  the client. CCDC anticipates seeing  primarily  long-term positive  changes  in  and  around  the Trade Market as a result of  the lending operations. We  project  the  greatest impact  to be on assisting sustainable  businesses  that  have a strong impact on job creation.

Erie and Northwest PA

Erie County and the surrounding counties in northwestern Pennsylvania are comprised of both urban and rural communities. Erie is the county seat of Erie County and the fourth largest city in Pennsylvania

Economic Development

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CCDC will also consult with area organizations that  are  non-profit  economic  development  agencies and  that  are  designated  industrial  development groups in the Target Market.

The  economic  development  benefits  to be gained from the operations of  CCDC will occur in several areas.

The first and most obvious benefit will occur through loans to businesses located or willing  to  relocate  into the  Region. These loans will  result
in  the  expansion  of  operations, improved  technology  and  physical  improvements, and  job creation and development in the most distressed  areas in which we service. The second benefit, image improvement of the business community that will occur in the Region as a result of  the impact of  these  loans, will  be substantial. The third  benefit  will  occur  when  businesses are supported  through  the collaboration of regional resources.

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