California Statewide Certified Development

Name

California Statewide Certified Development

Legal name

California Statewide Certified Development

Website

https://calstatewide.com

Company type

Private

Founded year

1987

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

SBA 504 Small Business Lending

NAICS

Commercial Banking (522110)

SIC

Mortgage Bankers & Loan Correspondents (6162), Federal & Federally-Sponsored Credit Agencies (6111)

akta.pro primary industry

SBA/Government-Backed & Development Finance Loans (FSAKAGAI)

Keywords

• SBA 504 loans
• Small business lending
• Commercial real estate financing
• Certified development company
• Heavy equipment financing

Headquarters

HQ city

Pasadena

HQ country

United States

HQ region

North America

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. SBA 504 Loan Origination: As a Certified Development Company (CDC), Statewide CDC originates SBA 504 loans and generates revenue through loan origination fees and ongoing loan servicing. The SBA 504 structure involves a three-party loan with typically 50% from a third-party lender, 40% from the CDC (debenture), and 10% from the borrower.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels4 records

Core offering

California Statewide Certified Development (Statewide CDC) is a non-profit Certified Development Company that originates and services SBA 504 loans for small business owners seeking to finance fixed-asset investments such as commercial real estate, heavy equipment, and green technology upgrades. Loans are structured as three-party financing (typically 50% senior lender, 40% CDC debenture, 10% borrower equity) and offer up to 90% project financing with fixed, below-market rates over 20-25 year terms. The company also serves commercial lenders and mortgage brokers as an SBA 504 transaction partner.

Product overview

California Statewide Certified Development operates as a single unified offering centered on SBA 504 loan programs and related small business financing services. The core product is the SBA 504 Loan program, which serves as the primary financing vehicle. Complementary offerings include the Rural Small Business Loan Program and Native American Small Business Loan for specialized borrower segments, along with Heavy Equipment Financing, Working Capital Loans, Business Acquisition Financing, and a 504 Loan Calculator. The company also provides refinancing options for existing loans. All products are delivered through their role as an SBA Premier Certified Lender with over 35 years of experience in small business lending.

Differentiator

Problem solved

Functional benefit

Products and services

• SBA 504 Loan The primary SBA 504 loan program offering below-market interest rates, low down payments, and longer terms for financing fixed assets including real estate, heavy equipment, and green technology upgrades. Allows financing up to 90% of project costs. Aimed at small business owners investing in fixed assets.
• Rural Small Business Loan Program Specialized financing program designed for rural small businesses, providing competitive business lending rates for rural business financing, expansion, and acquisitions.
• Native American Small Business Loan Dedicated SBA 504 loan program serving Native American small business owners with tailored financing solutions.
• SBA 504 Loan Refinance Refinancing options for existing adjustable-rate loans into fixed-rate SBA 504 loans for long-term financial stability; available as 25-year refinance/construction (6.11%, note rate 5.03%), 20-year refinance/construction (6.17%, note rate 5.04%), and 25-year refinance/manufacturing (5.87%, note rate 5.03%) options.
• Heavy Equipment Financing Financing solution for purchasing heavy equipment to support business growth and productivity, offered under the SBA 504 program.
• Working Capital Loans Short-term financing to cover daily operational costs and maintain business cash flow, offered as a complementary lending solution.
• Business Acquisition Financing Financing solutions for business acquisitions and expansion activities, offered as a complementary SBA 504-aligned lending product.

Quantifiable outcome

• Finance up to 90% of project costs
• +2 more outcomes

Named customers3 records

Segments6 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature1 record

Partnerships

One partnership is on record.

• U.S. Small Business Administration (SBA)coreStrategic or Co-development PartnerStatewide CDC operates as a Certified Development Company (CDC) authorized by the SBA to administer the 504 loan program. This partnership enables the company to offer SBA-guaranteed financing with below-market rates and longer terms to eligible small businesses. The SBA 504 structure involves a three-party financing arrangement where the CDC provides 40% of the loan through debenture funding.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Others

• National Development Council: National non-profit focused on economic and community development through financing and capacity building for small businesses. Adjacent ecosystem participant supporting CDC-style development lending infrastructure.

Emerging players

• Accion Opportunity Fund: Community development financial institution (CDFI) providing small business loans to underserved entrepreneurs. Comparable mission-driven small business lender with overlapping focus on financing for minority and lower-income small business owners.
• Biz2Credit: Fintech lender marketplace connecting small businesses with SBA and other loan products, including SBA 504 referrals. Emerging player offering digital SBA loan matching that competes for the same small business borrower.

Direct peers

• California Coastal Rural Development Corp: California-based Certified Development Company providing SBA 504 loans to small businesses, including rural borrowers. Direct peer with overlapping California geography and similar SBA 504 lending focus.
• CDC Small Business Finance: California-based Certified Development Company focused on SBA 504 lending to small businesses. Direct peer with the same CDC charter, similar SBA 504 program focus, and overlapping geography in California.
• Pursuit Business Development Center: Non-profit CDC providing SBA 504 financing to small businesses across the Northeast, with similar 35+ year operating history and mission-driven small business focus. Comparable SBA Premier Certified Lender CDC operations.

Regional players

• Granite State Development Finance Corp: New Hampshire-based Certified Development Company administering SBA 504 loans for New England small businesses. Comparable CDC peer with similar 504 origination model in a different regional market.
• Florida First Capital Finance Corporation: Florida-based Certified Development Company administering SBA 504 loans across the Southeast. Direct CDC peer operating a comparable 504 origination and servicing model in a different geography.

Broad incumbents

• Newtek Business Services: Public business services company with significant SBA 7(a) and 504 lending operations serving small businesses nationwide. Broader incumbent offering SBA lending alongside multiple small business financial services.
• Live Oak Bank: Specialty commercial bank focused on SBA lending to small businesses across the U.S., including SBA 504 and 7(a). Larger-scale incumbent with overlapping SBA 504 origination activities and similar small business borrower base.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks5 records

Key highlights6 records

Customer concentration

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about California Statewide Certified Development