A Certified Development Corporation
SoCal CDC – is an SBA Certified Development Company that specializes in below market, fixed rate financing for commercial and industrial projects through the SBA 504 Loan Program. This loan program assists small businesses to receive the opportunity of financing their expansion projects with attractive rates and terms. The financing can be used for the purchase and/or development of land and building for business purposes.
SoCal CDC, located in Mission Hills, serves all of the State of California.
SoCal CDC counts with an experienced staff with a combined SBA experience of over 25 years. We are committed in providing our lending partners and borrowers with exceptional assistance and service throughout the lending process.
504 Effective Rate
Vanessa Faggiolly, CEO
“It was a pleasure working with SoCal CDC. Thank you for making our dream possible. We will refer you anytime!”
504 Effective Rate: July 2018
20-year term rate: 5.254%
25-year term rate: 5.316%
20-year term rate REFI: 5.303%
10-year term rate: 5.289%
Includes fees to SBA, CDC and Central Servicing Agent.
Based on pricing published by NADCO 7/5/2018
25 year debenture available for 504 loans. Read more here.