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Eric Mandell

Building & Equipment

Eric Mandell, a 25-year veteran of commercial lending, provides financing to small businesses in San Fernando Valley and north to Ventura.

Knowledge and experience:
With extensive experience as a top commercial lender, coupled with his work as a former VP, Senior Relationship Manager at American Business Bank, Ericโ€™s expert insights help his clients successfully navigate the loan process. Having extended over $500 million infunding to area small business owners, Eric is now continuing his dedication to helping them grow and succeed with a focus on the SBA 504 loan. Eric is very involved in the local community and serves on the board of several nonprofit organizations, including Big Brothers Big Sisters of Ventura County.

SBA 504 Loans:
Only 10% down

  • 10 percent down payment by the small business owner
  • No additional collateral required to be pledged
  • Below market fixed interest rate fully amortized
  • Use of funds: new acquisition or conventional refinance of owner user property

Impact

CDC Small Business Finance

42
Years

As the leader in SBA 504 loans

21.1
Billion

Dollars in SBA real estate financed

111
Million

Total Sq. Ft. financed

214
Thousand

Jobs created and preserved

Ready to get financing?

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