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Small Business Trends to Watch For [In 2021]

January 14, 2021 | Small business
Small business trends blog photo

2020 was an unpredictable year filled with many new small business trends and unexpected transitions. Small business owners were forced to pivot and adapt to new trends to stay resilient through all the changes.  There are some predictable trends that arose such as working virtually… but what about other small business trends that aren’t as…

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SBA 504 Cheat Sheet: COVID Relief/Stimulus Bill

January 8, 2021 | Company News
covid relief blog photo

Are you a banker or broker that refers clients to the SBA 504 Loan? Your CDC Small Business Finance SBA 504 team has identified key information and benefits of the new Covid Relief/Stimulus Bill to help you stay informed.  We have read through all the details and, as always, we are committed to helping you…

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The Home Health Care Loan

January 7, 2021 | Uncategorized
home health care blog image

You’re giving people the gift of care.  You are committed to bringing people the assistance they need, often during a difficult time.  Simultaneously, you are also running a business, or you may be just starting out or looking to expand your home health care or elder care offerings. Your industry is unique which means working…

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Minority Entrepreneur Taps SBA Funding to Build Community Through Coffee, Culture and Connection in South L.A.

December 16, 2020 | Community Advantage

Joe and Celia Ward-Wallace grew up in Los Angeles. It’s home, with all the emotional attachments, history and sense of permanence conjured. Home is where commitment has deeps roots. So it saddened Joe and Celia to watch the exodus of national grocery stores and other retailers from South L.A. 25 years ago after riots left…

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Top 9 Business Plan Templates

December 9, 2020 | Small business
business plan template blog image

Having a good business plan helps set the foundation for your business. It is vital for entrepreneurs to ask themselves essential and critical questions about their business. We know finding the right approach when creating a business plan can be difficult, but the most important thing is to get started. With that in mind, we’ve…

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Business Loan Down Payments Explained (in < 60 seconds)

December 6, 2020 | Small Business Loans
video understanding small business loan down payments

You may have heard some confusing loan terms like injection and down payment.  It’s ok to be a small business owner and not totally grasp what they mean. Use this quick guide to learn all you need to know about small business loan down payments. A small business loan down payment is similar to a…

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Buying a Building for a Business: Why Buying Can Be Better Than Leasing in 2020

December 4, 2020 | Small Business Loans
cre, commercial real estate, buy building, building, building purchase

If you’re a small business owner tired of paying rent for your business or commercial building, or have an upcoming lease renewal, you’ve probably considered buying a building for a business you own. As it turns out, there’s a government-backed loan that can help you buy a building for your business: the SBA 504 loan.…

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CEO Conversations: Moving Beyond the Status Quo

December 4, 2020 | Company News

Tune in to the last video of our “CEO Conversations” series, “Moving Beyond the Status Quo.” Listen to CDC Small Business Finance’s CEO, Kurt Chilcott and Capital Impact Partners CEO, Ellis Carr discuss how the alliance will disrupt and to call to question the current operating practices to bring change to communities. Watch the video,…

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December 3, 2020 | Small business
Holiday Gift Guide Featured Image

Welcome to our annual Holiday Gift Guide!  Get ready to “shop small” this season to find the perfect holiday gifts.  Surprise your friends, family and colleagues with unique gifts all while supporting the small business community.  There is something special for everyone on your list from the tech lover to the puzzler to children to…

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