Celebrating Independent Retailer Month
CDC Small Business Finance Blog
by CDC Small Business Finance
1w ago
July marks the celebration of Independent Retailer Month, a nationwide movement dedicated to encouraging consumers to shop local and support small businesses.  Launched in 2011 by two passionate small business owners, this initiative highlights the profound impact that independent retailers have on their communities and the economy. For instance, if every family in the U.S ..read more
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Immigrant Heritage Month: A Journey Through History and Celebration
CDC Small Business Finance Blog
by CDC Small Business Finance
1M ago
CDC Small Business Finance, part of the Momentus Capital branded family of organizations, celebrates the vibrant mosaic of Immigrant Heritage Month as it unfurls a captivating narrative of resilience, diversity, and unity. Since its inception, this annual celebration has served as a poignant tribute to the profound impact of immigrants and their descendants on the ..read more
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SBA 504 Green Loan: Everything You Need To Know (2024)
CDC Small Business Finance Blog
by CDC Small Business Finance
1M ago
In a significant new development, the Biden-Harris Administration has announced the removal of the $16.5M aggregate cap on the SBA 504 Loan Program for clean energy projects. This change, declared by SBA Administrator Isabel Casillas Guzman, aims to provide small businesses with the capital needed to innovate and adopt sustainable practices, aligning with President Biden’s ..read more
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A Place of Compassionate Care for Seniors
CDC Small Business Finance Blog
by CDC Small Business Finance
2M ago
In the heart of South Los Angeles, Hope House stands as a beacon of compassion in senior care. Through a journey of passion and purpose, Amber Coxsom created a haven that provides a nurturing environment for her residents. A place of compassionate care for seniors that blends specialized support with a warm sense of community ..read more
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SBA Increases Size Standards 2024
CDC Small Business Finance Blog
by Amy DePalma
4M ago
What You Need To Know The United States Small Business Administration (SBA) has increased the sizes of small businesses that can be eligible for their key loan programs, effective March 18, 2024. This Final Rule, published in the Federal Register, aims to broaden eligibility for the SBA 504 and 7(a) loan programs, potentially opening doors ..read more
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Small Business Loans Dos and Don’ts
CDC Small Business Finance Blog
by Amy DePalma
4M ago
We're so excited about Iman's conversation with Andrea Marquez and the This Is Small Business Podcast. Don't miss out on this concise guide to mastering the art of securing small business loans ..read more
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The Need to Disrupt the Financial Sector to Support Equity and Inclusion
CDC Small Business Finance Blog
by Amy DePalma
4M ago
President & CEO Ellis Carr and Board Chair Gary Cunningham discuss financial inclusion, DEI, and the need to disrupt the financial sector.  ..read more
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Joel Sedeño Empowers San Diego Small Businesses
CDC Small Business Finance Blog
by Amy DePalma
5M ago
Imagine the frustration: you have a brilliant business idea, the drive to succeed, but the financial side of things looms like an impenetrable fortress. Loan applications, confusing statements, and the ever-present worry about funding gaps threaten to turn your dream into a distant echo. But what if you could get free and expert guidance, a ..read more
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Arizona Window Blinds Company Sees Light of Ownership With SBA 504 Loan
CDC Small Business Finance Blog
by Amy DePalma
5M ago
For more than a decade, Danielle Collazo has owned and operated a thriving business, Adobe Blinds and More, in Maricopa, Arizona. What started as a small business run out of her garage became a shop run out of a shared business space and eventually grew into a 1,500-sqare-foot building that included a retail showroom and ..read more
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Racial Healing: The Path to Racial Equity Starts Here
CDC Small Business Finance Blog
by Amy DePalma
6M ago
Since the racial reckoning of 2020, the term racial equity has been used consistently to talk about the goal of organizations like ours. Racial equity works to address hundreds of years of injustice perpetuated on the basis of race in this country: from the Indian Removal Act to chattel slavery and Jim Crow to the ..read more
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