Merri Adams, a 24-year veteran of commercial real estate financing, has joined CDC Small Business Finance in as a commercial loan officer providing SBA financing to small businesses in North County.
Prior to joining CDC, Adams owned her own commercial real estate loan brokerage firm for eight years. Before that she worked for several banks, including Citibank of California, 1st Nationwide Bank, Wells Fargo, Valley National Bank and Bank of America. Much of her experience is in providing small businesses access to SBA-504 financing, used to purchase office or industrial buildings as well as large equipment.
CDC is the nation’s leader in SBA 504 loans – fixed-rate, owner-occupied commercial real estate financing that enables small businesses to expand and create new jobs.
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SBA-504 loans require only a 10 percent down-payment by the small business owner. The current SBA-504 rate for a 20-year loan is under 5%. SBA-504 loans also can be
used to refinance conventional real estate mortgages.
For more information, contact Merri Adams at (619)
243-8665 or madams@cdcloans.com, or visit www.cdcloans.com
