Overview:CDC Small Business Finance (CDC), founded in 1978 by Arthur H. Goodman, is a not-for-profit organization stimulating economic development by serving the financing needs of small businesses in California, Arizona and Nevada. Specifically, CDC offers fixed-rate, low down-payment, commercial real estate loans for the purchase of office and industrial buildings.
CDC also offers an array of community loan programs focusing on women, minority and veteran-owned businesses – those small businesses that face the greatest obstacles to securing capital. Additionally, in 2005 CDC created the Capital Markets loan program, which provides financing through Community Reinvestment Fund to help small businesses, including nonprofits, in qualified areas.
In 37 years CDC has provided more than $12.9 billion in SBA-504 financing and other funding, resulting in more than 167,000 jobs. We partner with over 60 private lending institutions that consistently choose us for our expertise, reliability, experience and extraordinary service.