SBA Increases Size Standards 2024
CDC Small Business Finance Blog
by Amy DePalma
1M 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
2M 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
2M 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
2M 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
3M 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
4M 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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Reduced Packaging Fees for Community Advantage Loans and Microloans
CDC Small Business Finance Blog
by Amy DePalma
5M ago
50% Off Loan Packaging Fees For a limited time, borrowers will enjoy 50% off their loan packaging fee (up to $1,250 value), when they provide all necessary documentation and information needed to prequalify a new SBA Community Advantage or SBA Microloan loan application by December 19, 2023. Learn more about the SBA Community Advantage Loan ..read more
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Momentus Capital’s Approach to Social Impact Measurement
CDC Small Business Finance Blog
by Amy DePalma
6M ago
As the first quarter of 2023 unfolds, Momentus Capital team members are starting to see trends for an exciting year ahead. And while 2022 proved to be another rollercoaster ride for the economy and small businesses, our experts still forecast plenty of opportunities to make 2023 a groundbreaking year in mission-based lending ..read more
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Holiday Gift Guide 2023: Shop Small with these BIPOC, Veteran, and Woman-owned Small Businesses
CDC Small Business Finance Blog
by Amy DePalma
6M ago
The holiday season is here, and CDC Small Business Finance wants to help you find the perfect goodies for everyone on your list. That's why we're celebrating our treasured small business borrowers in our annual Holiday Gift Guide ..read more
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How Momentus Capital Supports Economic Stability
CDC Small Business Finance Blog
by Amy DePalma
6M ago
As the first quarter of 2023 unfolds, Momentus Capital team members are starting to see trends for an exciting year ahead. And while 2022 proved to be another rollercoaster ride for the economy and small businesses, our experts still forecast plenty of opportunities to make 2023 a groundbreaking year in mission-based lending ..read more
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