Change Account for Debit Payment
If you want to change the account that is debited for your monthly payment, you can submit a new ACH (Automated Clearing House) and/or auto debit authorization form and cancelled check to CDC. The form must be received prior to the 13th of the month to take effect the following month. We can only deduct the authorized payment amount. The account cannot be debited on any unauthorized day of the month.
ACH (Automated Clearing House) and/or auto debit authorization forms
Please click below for the form which corresponds with the loan type you are updating.
MORGAN STANLEY – CAPITAL MARKETS LOAN
SBA 7A COMMUNITY ADVANTAGE AND SBA MICROLOAN
This form corresponds with any of the following loan programs:
BANKERS SMALL BUSINESS FUND
This form corresponds with any of the following loan programs:
Email:
servicing@cdcloans.com
Fax:
619.291.5185
Mail:
CDC Small Business Finance
Attn: Servicing Department
2448 Historic Decatur Rd. #200
San Diego, CA 92106
IMPORTANT: Sometimes the automatic payment is rejected. Reasons include insufficient funds, uncollected funds, the account is closed or invalid or a borrower stops the automatic payment on their own. When this occurs, please do the following:
