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Banker’s CDC Loan

Funded by a multi-bank micro-loan consortium in San Diego, loans are designed for your for-profit and non-profit business clients that do not qualify for SBA or conventional financing.  Loans are available to businesses located in low- to moderate-income areas or that employ low- to moderate-income workers in San Diego County.

 Watch this video to help you determine if you’re eligible:


  • Business must be located in a Low Mod Income (LMI) area.
  • Management experience in industry (2 years minimum)
  • Capital injection (30% of total project)
  • Reasonable personal credit
  • Secondary source of repayment- either collateral equal to loan amount or co-signer with reasonable credit and income to repay loan
  • Acceptable business plan, projections and assumptions upon which projections are based.
  • Historical cash flow sufficient to service requested debt or cash flow ability based on reasonable projections.
  • Historical earnings sufficient to cover personal living expenses
  • Terms and Conditions
  • Maximum loan amount – $200,000
  • Terms – amortized over 10 years; due in five
  • Interest rate – starting at Prime + 3% (fixed)
For assistance and more information contact:
Susan Lamping
Senior Community Loan Officer
(619) 243-8639

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