SBA GLOSSARY
CDC
Certified Development Company
A nonprofit organization certified to participate in the SBA 504 program.
What does CDC mean?
A nonprofit organization certified to participate in the SBA 504 program. Professionals may calculate, document or apply this concept differently depending on the transaction, accounting method, lender policy and governing documents. Borrowers should confirm the precise definition used in any term sheet or agreement.
CDC in context
The CDC processes the SBA-backed portion of an eligible 504 transaction.
Why it matters in financing
CDC can influence how a lender, investor or advisor evaluates risk, pricing, structure, repayment capacity or transaction economics. It should be considered together with the complete financial picture rather than used alone.
Related sba terms
Educational information only. This definition is general, may not match a particular lender or contract, and is not financial, accounting, tax or legal advice.