Our Management Team

What Is The CDC & What The CDC Can Do For You?

Advantage CDC (formerly known as Long Beach Area CDC) is a private, non-profit corporation, licensed and certified by the U.S. Small Business Administration to provide low-cost, long-term SBA loans to assist eligible small businesses in California.

The CDC is an experienced SBA lender with an extensive history of successfully financing business expansion projects. Formed in January of 1979, the CDC has an active Board of Directors and a membership of fifty representatives from government and private sector institutions, community organizations and businesses. All are committed to and supportive of the growth of small businesses in California.

In addition to its duties as a direct SBA Lender, the CDC offers SBA 7(a) loan packaging and loan placement services throughout California. The CDC also has Intermediary designations from the Los Angeles and Santa Ana District Offices of the U.S. Small Business Administration for Pre-Qualification loans.

The CDC is in the growth business and is anxious to assist the applicants in the expansion of their business through various loan programs.