CDC Small Business Finance was ranked the #1 504 lender in SBA’s Los Angeles District for the ninth fiscal year in a row. The list showing CDC at the top was published Dec. 8 in the Los Angeles Business Journal.
“Thanks to our entire ‘Team L.A,’ as everyone involved is responsible for making CDC #1 in L.A. for nine years running!” said L.A. loan officer Dean Aloe.
CDC’s Los Angeles team approved twice as many 504 loans (100) as their closest competitor, directly providing $97 million in financing to small businesses and leveraging $126 million in additional funding from bank partners as part of the SBA-504 transactions.
CDC’s Team L.A. includes Dean Aloe, Armen Madatyan, Kristen Bailey, Sarah Dethloff and Kisha Gant.