-
“When you’re running a practice and buying a building at the same time, you need people you can trust..”
Deb Telles
Cardiovascular Associates -
“The bank and CDC were amazing. Their teamwork exceeded my expectations and they bought into our dreams..”
Salvador Garcia
Owner
Graphicom Digital -
“With interest rates low and building costs rising, the timing seemed right to buy our own building..”
Randy Mintz
Owner
Z Sports -
“I partnered with CDC because they have the expertise to provide immediate answers for my clients..”
Richard Willner
Business Community Capital -
“The people at CDC held our hands as we walked through the SBA process..”
Gurchuran “Gogy” Sandher
Owner
Saagar Fine Cuisine -
“My bank suggested SBA-504 financing because of the low down-payment, which allowed me to save my cash for the business..”
Jim Tankersley
Owner
Laser-Tronics -
“I use the 504 program because it’s good for my clients. I use CDC Small Business Finance because they’re reliable and provide excellent service..”
Lan Ward
Senior Vice President
California Bank & Trust -
“CDC was the key to us getting what we consider a ‘killer’ deal. CDC staff were honest, straightforward and always quick to respond..”
Randy Ling Tan
General Manager
G.L. Food Wholesales -
“CDC Small Business Finance provided a turnkey solution and timely service..”
Brett Noss
Chief Financial Officer
Advantage Mailing -
“We were confident in our business plan and put our faith in the high-energy people at CDC..”
Kayla Sharp
Chief Executive Officer
Spectre Industries
Sell SBA-504 First Mortgages on the Secondary Market
Banks can generate premium and servicing income as well as capital relief by selling their 504 first trust deeds on the secondary market. CDC Capital Markets, a wholly owned subsidiary of CDC Small Business Finance, offering programs that address all asset types and underwriting guidelines
CDC Capital Markets also provides a la carte lending services to banks, non bank lenders, and loan brokers including marketing, sales, processing, underwriting, loan doc preparation and servicing.
LOW MOD 504 with Morgan Stanley
Whole Loan Direct Fund – Multi-purpose properties only
- Whole loan purchase program for multi-purpose properties in select low to moderate income areas and cities: Los Angeles, Oakland, Richmond (CA), San Diego, San Francisco, San Jose, Phoenix, Chicago, Indianapolis, Detroit, New York City, Milwaukee.
- Also available in select Rural Counties across the country – see Low-Mod 504 Overview for map
- Must be in an LMI census tract. Check address here: http://www.reznickgroup.com/NMTC-mapping-tool
- DSCR of 1.0 or better, multi-purpose properties, community impact, job creation
- 3 yrs interest-only followed by 27-yr amortization fixed for 7 yrs at 5 yr libor swap + 275
- Selling bank receives flat 3% premium
TRADITIONAL 504 with Morgan Stanley
Whole Loan Purchase or Direct Fund – Multi-purpose
- Available in all 50 states
- DSCR of 1.2 or better, multi-purpose properties
- 25 yrs fully amortizing, variable rates or fixed rates for 3 yrs, 5 yrs, 10 yrs or 25 yrs
- Selling bank receives premium based on pricing
FIRST MORTAGE POOLING 504 with Bank of America/Merrill Lynch
85% Loan Purchase – All asset types
- Selling bank holds 15% of each loan and sells 85% to BAML (pool originator)
- Available in all 50 states
- DSCR of 1.0 or better, all asset types including multi-purpose, hospitality, special purpose, single purpose
- 25 yrs fully amortizing with variable rates or fixed rates for 3 years, 5 yrs or 7 yrs
- Selling bank receives premium income based on pricing as well as servicing income
504 EXCHANGE
Clearinghouse service for 504 first mortgage lenders throughout the U.S.
- Loan sales for those deals that do not qualify for MS, Low Mod or FMP with BAML
- Second mortgage/bridge loan funding assistance
For information and guidance, contact:
Ken Rosenthal
CDC Capital Markets
858.967.7817
krosenthal@cdcloans.com
