SuperMoney
  CDC Small Business Finance Business Loans
CDC Small Business Finance Business Loans
in Business Loans from CDC Small Business Finance
Unaffiliated

CDC Small Business Finance Business Loans

Unaffiliated
in Business Loans from CDC Small Business Finance
SuperMoney Net Recommendation Score -63  

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -63, equating to 1.7 on a 5 point rating scale.

-63

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

Strongly not recommended

Cast your vote

Would you recommend CDC Small Business Finance Business Loans to your friends?

Thanks for your vote!

You voted: May or may not recommend

Highlights
Community Rating Strongly not recommended
Loan Amount $10,000 - $2,000,000
APR  (Fixed APR) N/A
Loan Term (Months) 36 - 300 months
Number of Reviews 8

CDC Small Business Finance Business Loans Review

CDC Small business finance is a business financing offering by CDC Small Business Finance, based in San Diego, CA. Founded in 1978, CDC Small Business Finance offers access to small business loans in 3 states across the USA.

CDC Small business finance FAQ

What are CDC Small business finance’s rates?

CDC Small business finance offers a fixed APR business financing product but they do not disclose their rates.

Does CDC Small business finance charge an origination fee?

Yes, CDC Small business finance charges a loan origination fee starting at 0% of the business loan amount. CDC Small business finance deducts the fee directly from your business loan amount before disbursing loan proceeds, so make sure you take this fee into account when deciding how much you need to borrow.

What limitations does CDC Small business finance set on the purpose of the business loan?

CDC Small business finance considers business loan applications for business purposes, such as:

  • Business Debt Refinance
  • Equipment Purchase
  • Hiring
  • Inventory
  • Lease Improvement
  • New Location
  • Payroll
  • Product or Service Expansion
  • Technology Investment
  • Working capital

What types of small business loans does CDC Small business finance offer?

Not all small business loans are made equal. The type of business loan you choose will determine the range of interest rates and terms you receive. CDC Small business finance provides access to the following business loan types:

  • Secured Term Business Loans
  • SBA Loans
  • Commercial Real Estate Loans

Does CDC Small business finance charge prepayment fees?

Yes, CDC Small business finance charges additional fees to borrowers who pay off their small business loans sooner than anticipated. Take this into consideration when choosing a lender because prepayment penalties can reduce or even cancel the interest savings of repaying a business loan early.

How much can you borrow from CDC Small business finance?

Business loan amounts start at $10,000 and go up to $2,000,000.

What is the maximum business loan term you can get with CDC Small business finance?

CDC Small business finance offers small business loans with terms ranging from 36 to 300 months. Having the option of longer terms allows borrowers to take on larger loan amounts while keeping monthly payments more affordable. However, the longer the term of your loan, the more interest you will pay.

What do you need to qualify for CDC Small Business Finance Business Loans?

CDC Small Business Finance Business Loans does not require borrowers to have been in business for a minimum number of years. Businesses must have a minimum annual revenue of $7,600 to be considered.

Applicants with a credit score of at least 640 and up to 850 may be eligible for CDC Small Business Finance Business Loans.

The Military Lending Act (32 C.F.R. § 232) prohibits lenders from charging service members more than 36% APR on credit extended to covered borrowers. APRs for the CDC Small Business Finance Business Loans product fall outside of the MLA limits, and as a result, the product cannot be issued to these applicants. Active duty service members and their covered dependents are considered “covered borrowers" under the Military Lending Act.

U.S. citizens and permanent resident / green card holders are eligible to apply for the services offered by CDC Small Business Finance Business Loans.

To qualify, applicants may need to provide the following documentation:

  • Proof of income
  • Proof of identity
SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...
Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Message From CDC Small business finance

You have a great idea and you need the financing to make it happen. We have multiple programs so that you can get the best loan to meet your needs. For over four decades, we have helped small business owners like you get a loan to support their business dreams.  We have provided financing to more than 12,000 borrowers and counting. We are with you every step of the way. Let's talk so we can answer your questions, explain the process and help you get the financing you need.

Contact

Other Services by CDC Small Business Finance

Availability

  Available in 3 states
  • Arizona
  • California
  • Nevada

Feature Breakdown

Origination Fee (%) Starting at 0%
Credit Score Range 640 - 850
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Military Status
  • Non-Military
  • Veterans
Minimum Months in Business 0
Minimum Revenue $7,600
Verification Documents Required
  • Proof of Income
  • Proof of Identity
APR Type Fixed APR
Loan Amount $10,000 - $2,000,000
Loan Term 36 - 300 months

CDC Small Business Finance Business Loans Community Reviews

 

Would you recommend CDC Small Business Finance Business Loans to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

This product is strongly not recommended by SuperMoney users with a score of -63, equating to 1.7 on a 5 point rating scale.

-63

Recommendation score measures the loyalty between a provider and a consumer. It's at +100 if everybody recommends the provider, and at -100 when no one recommends.

sorted by