Category Archives: Success Story

Celebrating Latino Entrepreneurs during Hispanic Heritage Month

September 15, 2017 | Community

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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Lo-Lo’s Chicken and Waffles: Home of the Famous Southern Fried Chicken, Fluffy Waffles, Soul Food Favorites and Small Business Success!

August 9, 2017 | Success Story
Lolo's Chicken and Waffles

We’re celebrating Soul food and the American dream. Meet Larry White, Jr., aka Lo-Lo, the owner of Lo-Lo’s Chicken and Waffles.  As soon as Lo-Lo could walk and talk, he was put to work bussing tables in his grandmother’s soul food restaurant, Mrs. White’s Golden Rule Café.  The food, 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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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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T.H.E. Cat Hospital, a Small Business Debt Refinance Success Story

Tom Elston, DVM owner of  T.H.E. Cat Hospital in Tustin, California was looking for a way to finance business growth without increasing operating expenses. The company has provided medical services, boarding, and grooming exclusively for felines for more than 25 years. Dr. Elston was referred to CDC Small Business Finance…

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US Technical Ceramics, a Small Business Debt Refinance Success Story:

US Technical Ceramics, a small business manufacturer in Morgan Hill, CA, needed a solution for a looming balloon payment on a commercial loan debt. The company manufactures structural ceramics for a variety of industries and was looking for capital to expand. The company decided to enlist the help of CDC…

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So you want to start your own business and need cash…

So you want to start your own business and need cash. What do you do? “We needed capital for inventory and cash flow and the Community Advantage loan provided the springboard to a successful launch of our restaurant” Many small businesses are getting lured by alternative lenders who charge exorbitant…

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Jammin’ small business grows with SBA financing

May 5, 2016 | Company News

  Many small business owners in California are thriving after tapping into low-interest Small Business Administration (SBA) financing programs. In celebration of National Small Business Week (May 1-7), here’s a small business entrepreneur who took advantage of an SBA lending program to grow his company. David…

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