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Category Archives: SBA 504 Loans

Success Flows for Vet-Owned Small Business

November 7, 2017 | Commercial Real Estate Loans

You know you’ve struck a chord when pop star Taylor Swift, Guy Fieri (host of TV’s Diners, Drive-ins and Dives), Haylie Duff (host of Real Girl’s Kitchen) and Sam Zien, better known as TV’s Sam The Cooking Guy are buying your products and sharing it with the world. Such was…

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How Buying Instead of Leasing Real Estate Drove Business Growth for San Diego Contractor

November 1, 2017 | SBA 504 Loans
veteran-owned small business, vetloan advantage, military loans

After five years in business, San Diego building contractor Jesus Ramirez had clearly outgrown his 250-square-foot office space. Ramirez found himself storing construction materials in his garage, and there was no room to house much-needed future hires. As he searched for a larger property, he quickly realized buying would cost…

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Celebrating Latino Entrepreneurs during Hispanic Heritage Month

September 15, 2017 | Community
Mario Rodriquez and Claudia Carranza of Super Mario Ice Cream

As we enter national Hispanic Heritage Month (Sept. 15 to Oct. 15), it’s appropriate to celebrate the profound and positive influence of Latinos, including those who own small businesses. In California alone, there are over 800,000 Latino-owned small businesses, the majority of which are located in the greater Los Angeles…

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What you need to know about rising interest rates

August 3, 2017 | Commercial Real Estate Loans

The Federal Reserve has raised the prime rate twice this year and experts predict another increase is coming before the end of 2017 and project three more hikes in 2018. The prime rate is among the most widely used benchmarks in setting bank loan rates for small businesses. When the…

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Small Business Stories Behind the Accolades

June 8, 2017 | Jobs

Awards in business always attract attention, but often more interesting are the compelling stories behind the trophies, tales of growth and job creation propelled by infusions of capital. Four entrepreneurial clients of CDC Small Business Finance recently received awards from the Small Business Administration’s San Diego district, all in recognition…

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Woman-Owned Small Business Wins SBA Award

May 16, 2017 | Company News

SBA 504 financing sparks ongoing growth and success Michelle McLeod, owner of Southwest Boulder & Stone in north San Diego County, was recognized May 4 by the Small Business Administration as the Woman-Owned Small Business of the Year. Michelle McLeod, owner of Southwest Boulder & Stone,…

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Update for our Commercial Real Estate loan borrowers

March 14, 2017 | Commercial Real Estate Loans

The addressee on your monthly payments has changed. As your trusted partner, you can count on us to alert you to program changes that affect you and your loan with us. Please see below for any action you may need to take. This week, the SBA announced it has selected PricewaterhouseCoopers as…

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Shop Small on Small Business Saturday

November 21, 2016 | Commercial Real Estate Loans

Saturday, Nov. 26 is Small Business Saturday® – a day to celebrate and support small businesses and all they do for their communities. There are nearly 28 million small businesses in the U.S., employing 120 million people and generating 65% of all new jobs. In short, they are the fuel…

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California, Arizona Metro Areas Rank High for Small Businesses Seeking Growth

August 26, 2016 | Community Advantage

Seven California and Arizona metro areas are among the best in the nation for helping small businesses gain access to financing to help them grow. In a study sponsored by CNBC, 261 metro areas were evaluated by the total dollar value of business loans approved. The California and Arizona areas…

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