-
“When you’re running a practice and buying a building at the same time, you need people you can trust..”
Deb Telles
Cardiovascular Associates -
“The bank and CDC were amazing. Their teamwork exceeded my expectations and they bought into our dreams..”
Salvador Garcia
Owner
Graphicom Digital -
“With interest rates low and building costs rising, the timing seemed right to buy our own building..”
Randy Mintz
Owner
Z Sports -
“I partnered with CDC because they have the expertise to provide immediate answers for my clients..”
Richard Willner
Business Community Capital -
“The people at CDC held our hands as we walked through the SBA process..”
Gurchuran “Gogy” Sandher
Owner
Saagar Fine Cuisine -
“My bank suggested SBA-504 financing because of the low down-payment, which allowed me to save my cash for the business..”
Jim Tankersley
Owner
Laser-Tronics -
“I use the 504 program because it’s good for my clients. I use CDC Small Business Finance because they’re reliable and provide excellent service..”
Lan Ward
Senior Vice President
California Bank & Trust -
“CDC was the key to us getting what we consider a ‘killer’ deal. CDC staff were honest, straightforward and always quick to respond..”
Randy Ling Tan
General Manager
G.L. Food Wholesales -
“CDC Small Business Finance provided a turnkey solution and timely service..”
Brett Noss
Chief Financial Officer
Advantage Mailing -
“We were confident in our business plan and put our faith in the high-energy people at CDC..”
Kayla Sharp
Chief Executive Officer
Spectre Industries
Submit Insurance Policies/Changes or Renewals
Insurance Policy Requirements
CDC Small Business Finance must, at all times, have a current copy of the required Insurance Policy for the building and/or business personal property used as collateral to secure the loan. We will periodically contact you or your agent and request proof of insurance. At that time, we also ask that your insurance agent provide the following:
- Common Policy Declarations
- Lender’s Loss Payable Provisions Endorsement
- Full Replacement Cost
- 10-Day written notice of cancellation
- Insured name, loan number, collateral location, policy number, coverage amount and expiration date
SBA/CDS should be named as Mortgagee and/or Lender’s Loss Payable as follows:
SBA/CDC Small Business Finance
2448 Historic Decatur Rd., Suite 200
San Diego, CA 92106
Please send evidence of insurance to our Insurance Team: insurance@cdcloans.com or fax 619-764-4793
If you have any other questions or your loan is under a different loan program other than SBA, please contact Andra Christopher at achristopher@cdcloans.com or Stephanie Zetz at szetz@cdcloans.com.
