Providing employment opportunities, small
businesses loans and quality, affordable housing for
Madison and Dane County residents.
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TESTIMONIALS

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"The Venture Debt Fund has been a valuable piece of our company’s financing structure and allowed us to use our latest equity financing directly for sales and marketing activities. This debt financing enabled us to hire staff and build our first instruments, leading to our early  success."

- Lisa Johnson
Chief Business Officer
Semba Biosciences, Inc.

BLOG

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  • Annual Meeting Message

    Madison Development Corporation (MDC’s) goal is to provide quality self-sustaining jobs through loans to small businesses and innovative businesses. MDC also provides affordable housing for Madison and Dane County residents.

     
  • 2014-2015 Accomplishments

    Loan Activity

    Small Business Loans: In 2014, MDC closed on $763,000 of CDBG-funded new direct loans to 9 small businesses. We also closed on 4 loans for $180,000 from our County-wide, Dane County Development Company fund. Through our Venture Debt Fund, we committed and closed on 5 loans, totaling $1,825,000. Strong loan volume has resulted in a growing loan portfolio for year-end 2015, continuing a three year trend.

     

Privacy Policy

This privacy notice will answer any questions you may have regarding our handling of personal or business non-public sensitive information that you voluntarily provide to us during the course of our business relationship. Our company is committed to maintaining the privacy of your information in accordance with best practices and any applicable laws. Our employees, associates, and affiliates who have access to non-public information about our customers, are required to follow our privacy policy.

What Information Do We Collect?

We collect personal or business information about you from the following sources:

  1. Information you may provide during visits to our Website (name and contact information). During visits to our website: we do not require visitors to register in order to access our website, and we do not collect your domain name or email address; we do collect cookies and your IP address during visits. While browsing our website, you may have the option to select and visit a third party non-affiliate website for related services, and we suggest that you read the third party non-affiliate privacy policy before providing any of your information at their website.

  2. Through the optional online rental application on our website where we collect your personal information including your date of birth, social security number, driver's license number, email address, employment history, housing history, lease history and other personal information. We use a secure website and encryption technologies (Secure SSL certificates with full authentication with 256-bit encryption) when processing your online rental application.

  3. Non-public personal Information (for example, date of birth, social security number, driver's license number, email address, employment history, housing history, lease history and other personal information) we receive from you on your paper rental or parking application.

  4. Routine housing reference checks, employment verification, criminal background checks, public records checks, financial reference investigations, and credit agency reports.

  5. Non-public personal and business information we receive from your business loan applications.

How Do We Use Information We Collect?

The information that you provide on a rental application and that which we obtain through checks, verifications, and reports are used for the purpose of processing rental applications and for servicing, maintaining, managing, and enforcing lease agreements. The information you provide on a loan application and that which we obtain through checks, verification and reports, are used exclusively for the purpose of processing and underwriting loan applications and for servicing, maintaining, managing and enforcing loans.

Information We Disclose to Others

We use your information to the extent necessary to perform checks, verifications, and to obtain reports on you during the application process. We may also disclose information in case of an emergency; to credit reporting agencies; and to enforce a lease agreement. Otherwise, we do not disclose your information to non-affiliated third parties except as required by law. We do not sell any personal information to third party companies for marketing purposes.

Security Policy

We restrict access to your non-public personal information to those employees who need such information to process lease applications and to service lease agreements, as well as all loan applications and agreements. We maintain physical, technical, and administrative security that meet or exceed best privacy practices to safeguard non-public sensitive information. Any third parties with whom we submit your information as necessary to process your application or to service your lease have privacy policies that meet or exceed regulatory requirements or privacy best practices that govern their industry.

Reviewing and Correcting Your Information

Upon your written request you have the right to review and correct any information we have about you or your business.

Opt-Out Provision

We do not share your information except to process your application and to service your lease; therefore there is no option to "opt-out" of the limited information sharing we do.

Questions, Problems or Disputes?

We are committed to promptly addressing questions or other concerns you may have within 24 business hours.

You may contact us as follows by

Telephone: (608) 256-2799
Fax: (608) 256-1560
Mail:
Madison Development Corporation
550 W. Washington Ave.
Madison, WI 53703

Changes to this Policy

As a result of changes in our products and services, our business model, and laws, we may change this privacy policy. If we do, we will notify you of changes through a revised privacy notice posted on our website: www.mdcorp.org.

This policy is provided to you in accordance with privacy best practices and any privacy laws that may be applicable to our company.

Madison Development Corporation 550 W. Washington Ave. | Madison, WI 53703 Tel. 608-256-2799 Fax 608-256-1560
© 2017 Madison Development Corporation - All Rights Reserved. |