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The Nation's Largest SBA-504 Lender!
Serving California, Arizona and Nevada
1.800.611.5170
Small Business Tools
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all the Difference.
Partnering to help small
businesses grow.
Lending Partners
Bridge Loan
CDC Small Business Finance offers our lending partners bridge financing – a temporary loan banks have traditionally provided during the interim period when the SBA-504 loan is being prepared for funding.
This financing is offered on straight-purchase loans.
Borrower Benefits:
- Potential title savings as we eliminate duplicate processes and verifications.
- Less complicated because CDC manages the interim lending and the SBA portion of the project.
Lender Benefits:
- Less risk as you approve one loan for the project
- Other financing is subordinate to bank loan
- Minimal dealing with SBA regulations as CDC arranges for bridge and 504 take out
- Less complicated process for the borrower
Cost:
- Rate - 6.75% fixed
- Origination Fee - .75%