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Category Archives: Uncategorized

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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Crafting a long-awaited coworking, arts hub in one of San Diego’s oldest neighborhoods

March 19, 2019 | Uncategorized
tenant improvements, business loan, business loans, small business loan

 Around fall 2017, city of San Diego officials closed down two arts and studio spaces in thriving arts center Barrio Logan, in a crackdown of unpermitted warehouses. Among the artists suddenly displaced were entrepreneurs and co-founders of a popular creators’ collective: Brittany Kaszas, Brook Dailey, Kristin Dinnis and Sarah Anderson. As they lamented the…

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How this small business got ‘almost instant’ approval for online loan with fair, clear terms

December 1, 2017 | Uncategorized
online loan, lending, online lending

The following is a guest post from Mirador, an innovative partner that powers CDC Small Business Finance’s online loan application. In this post, CDC borrower Margarita Duran shares her experience using the platform to easily take out a $75,000 FastFund loan to grow her bookkeeping business. The blog has been edited for clarity and length. When CDC…

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Women Small Business Owners Thrive Using Non-Bank Financing to Grow

March 8, 2017 | Uncategorized

Women who own small businesses are among the millions being honored today (March 8) on International Women’s Day, in part because of their strategic use of financing to grow their companies and create new jobs. The number of women-owned firms is now estimated to have surpassed $9.4 million, generating revenue of nearly $1.5 trillion and…

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African American Business Owners Thrive with SBA Loans

February 7, 2017 | Uncategorized

February is Black History Month, a time to celebrate the contributions of African Americans in the U.S., including those who are small business owners. The number of African American-owned small business in the U.S. exceeds 2.5 million. Still, the proportion of African American-owned businesses account for 9.4 percent of all firms, which is still below…

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Manufacturers Get Spotlight for Creating Jobs

October 7, 2016 | Uncategorized

Manufacturers are the most prolific job-generators in the United States. Their contributions are being honored today (Oct. 7) on National Manufacturing Day. Manufacturing supports an estimated 18.5 million jobs in the U.S.—about one in six private-sector jobs, according to the National Association of Manufacturers. Over the last three years, CDC Small Business Finance has provided…

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Small businesses frown on online lenders

March 4, 2016 | Uncategorized

Small business owner smiles are increasingly turning to frowns when they get loans from online lenders. Satisfaction with online lenders was part of an extensive new Federal Reserve survey on small business credit released March 3. Although more small businesses reported getting funding from online sources – 80% in 2015 versus 65% in 2014 –…

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Free Workshop for Veteran Business Owners Looking to Grow!

February 18, 2016 | Uncategorized

Making sure that you know what financing options are available to you for your small business is our passion. Running a business takes a lot of your time away from the research you could be doing which could result in missed opportunities. So, in an effort to give back to our beloved small business owners…

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Minority small business owners get $60 million boost

September 21, 2015 | Uncategorized

Sixty small business owners – intent on growing their companies – received more than $60 million in Small Business Administration (SBA) loans in FY2015 from CDC Small Business Finance. All the entrepreneurs that received financing purchased their own buildings using the SBA-504 loan program, which enables small businesses to buy or commercial real estate with…

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