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Mortgage Capital Development Corporation

Oakland, CA 94612

⭐ SBA Preferred Lender
123
Loans Approved
$27.5M
Total Volume
$223K
Avg Loan Size
6
States Served

States Served

ArizonaCaliforniaNorth DakotaNevadaOregonWyoming

Top Industries Financed

  • Full-Service Restaurants
  • Limited-Service Restaurants
  • Snack and Nonalcoholic Beverage Bars
  • Child Day Care Services
  • Offices of Lawyers

Quick Summary

Mortgage Capital Development Corporation is an SBA-approved lender headquartered in Oakland, California. They are an SBA Preferred Lender, meaning they can approve loans without prior SBA review. Since 2020, they have approved 123 SBA 7(a) loans totaling $27.5M, with an average loan size of $223K. They serve businesses across 6 states.

About Mortgage Capital Development Corporation

Mortgage Capital Development Corporation is an SBA-approved lender headquartered in Oakland, California. Since 2020, they have approved 123 SBA 7(a) loans totaling $27.5M, with an average loan size of $223K. As an SBA Preferred Lender, they have delegated authority to approve SBA loans without prior SBA review, resulting in faster processing times. They serve businesses across 6 states.

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Helpful SBA Borrower Guides

SBA 7(a) RequirementsDocuments ChecklistHow to Choose a Lender

Frequently Asked Questions

Is Mortgage Capital Development Corporation an SBA Preferred Lender?

Yes, Mortgage Capital Development Corporation is an SBA Preferred Lender (PLP). This means they have delegated authority from the SBA to approve loans without prior SBA review, resulting in faster approvals — typically 7–10 business days instead of 4–6 weeks.

How many SBA loans has Mortgage Capital Development Corporation approved?

According to SBA FOIA public records, Mortgage Capital Development Corporation has approved 123 SBA 7(a) loans totaling $27.5M since 2020. Their average loan size is $223K.

What states does Mortgage Capital Development Corporation serve?

Mortgage Capital Development Corporation serves businesses in 6 states: Arizona, California, North Dakota, Nevada, Oregon, Wyoming.

How do I apply for an SBA loan with Mortgage Capital Development Corporation?

To apply for an SBA 7(a) loan with Mortgage Capital Development Corporation, contact them directly through the form on this page. Before applying, check your FICO SBSS score (the SBA's pre-screening score) and have your financial statements, business plan, and tax returns ready. Most SBA lenders require 2+ years in business, $100K+ annual revenue, and a personal credit score of 640+.

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