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2018 Year in Review: Marking 40 years in small business lending, other confetti-worthy milestones

January 25, 2019 | Small Business Loans
2018 Year in Review: Marking 40 years in small business lending, other confetti-worthy milestones, CDC Small Business

See the 2018 Year in Review Now

2018 gave us no shortage of reasons to break out the proverbial party balloons and confetti. And every single reason is tied back to the successes of small business owners and the unique neighborhoods in which they serve.

Last year, CDC Small Business Finance, a leading business lender and nonprofit, marked its 40th year in operation. That timespan captures more than $18 billion in small business lending provided across an expansive geographic area that includes several underserved communities.

“We’ve helped over 11,000 small business get access to capital and realize their dreams,” said company president and chief executive Kurt Chilcott, who celebrated in 2018 two decades with the organization.

Last year, we stayed true to our mission of “doing good” while providing a quality service to small business borrowers by:

  • Increasing direct lending to women, minorities and military veterans by 52%,
  • Ramping up capital raised from our investor network by 880%, and
  • Maintaining our top spot in the SBA 504 and SBA Community Advantage programs.

We pay homage to the contributions of our borrower clients, partners and employees with our annual year-in-review impact report for 2018. The freshly redesigned report is now more interactive, replete with original stories, videos and charts.

See the 2018 Year in Review Now

Do you want to work with CDC Small Business Finance, as a partner or client?

Get in touch with us at loaninfo@cdcloans.com or (619) 243-8667. We are a leading U.S. small business lender focused on helping entrepreneurs in underserved markets get sustainable, affordable financing in California, Arizona and Nevada.

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