CDC Small Business Finance
Irvine, CA
CDC Small Business Finance provides various small business loans, including SBA 504 commercial real estate loans, to entrepreneurs and small business owners. As a nonprofit, they offer more flexible financing options than traditional banks, focusing on a business's full story and providing pre- and post-loan advising.
4 Reviews
★☆☆☆☆
I wonder how this company is still running? If they aren't lending they shouldn't be in business, simple as that! Total time wasters
★☆☆☆☆
don’t waste your time applying for any pandemic emergency funding with this company. Especially the paycheck protection loan or the economic disaster loan. I applied at the end of March. They ran my credit three times docking over 30 points!
They have rules that don’t even apply to loans during a pandemic emergency. As they should not.
Instead of just saying that they run out of funding. They are saying that they want to focus on the paycheck protection loan. I believe this company is a scam. I wouldn’t even apply for any funding with this company they will waste your time a whole 2 1/2 months of it!
Luckily I was approved through the SBA For 200k for disaster funding and I also received seven grants for women own businesses!
This place is the worst!
★☆☆☆☆
I would not recommend doing business with this company if you have a choice. Our business was trying to get a small business loan (moving to a bigger location after 5 great years), and they made the process terrible. They don't know what they're doing, or even what the paperwork they request should look like. The process took about 8 weeks, and all we got was a Rejection. I asked what the next steps were because they wasted a lot of my time/money. They never emailed/called me back. Got a loan from another company within 2-weeks with a much better rate. I know that getting a business loan can be hard, but only go to them as a last resort!
★☆☆☆☆
I would not recommend them. This is the worst banking experience I have ever had. I had issues with them every step of the way.