SMALL BUSINESS FINANCING GUIDES
Financing Your Small Business: How to Borrow Money from People You Know
Provided by SCORE: Counselors to America's Small Businesses
Raising Start-Up Capital
Provided by Inc.com
LOCAL AND STATEWIDE LENDING PROGRAMS
California Capital Access Program (CalCAP)
Description: Encourages banks and other financial institutions to make loans to small businesses that fall just outside of most banks' conventional underwriting standards.
Contact: (916) 654-5610 or http://www.treasurer.ca.gob/cpcfaCalifornia Economic Development Lending Initiative (CEDLI)
Description: Statewide, bank-sponsored loan program for small businesses. Targets loans to emerging businesses that are currently not able to qualify for conventional bank financing.
Contact: (323) 232-4520 or http://www.tdfsf.orgCalifornia Loan Guarantee Program Description
Description: Allows a business to obtain a loan it could not otherwise obtain and to establish a favorable credit history with a lender.
Participating Institutions:
| Valley Economic Development Center | Pacific Coast Regional Financial Development Corp. | Hancock Urban Development Corporation |
| Phone: (818) 834-9860 | Phone: (213) 739-2999 | Phone: (213) 382-4300 |
Community Financial Resource Center
Description: Provides capital for expanding businesses through their Small Business Expansion Loan Program and provides loans to struggling business that have been in operation for a minimum of two years through their Seed Microloan Program.
Contact: (323) 233-1900 or http://www.cfrc.netFAME Renaissance Microloan Program
Description: Provides small business loans ranging in size from $50,000 to $150,000. Please contact organization for details about terms and conditions.
Contact: (323) 730-9194 or http://www.famerenaissance.orgLos Angeles Business Assistance Program
Description: Offers loans from $5,000-250,000 to small businesses that qualify.
Contact: Click here for a list of participating lenders.Small Business Administration (SBA) Loans
Description: Provides a range of financing opportunities available to small-business owners.
Contact: (818) 552-3215 (local branch) or http://www.sba.gov/services/financialassistance/index.htmlSmall Business Loan Guarantee Program
Description: Encourages banks to make small business loans not traditionally bankable. Special emphasis placed on the creation and retention of jobs.
Participating Institutions:
| Valley Economic Development Center
|
Pacific Coast Regional Financial Development Corp. |
| Phone: (818) 907-9977 or Toll free: 800-304-1755 | Phone: (213) 739-2999 |
| Asian Pacific Revolving Loan Fund | Pacific Asian Consortium in Employment (PACE) |
| Phone: (213) 989-3100 | Phone: (213) 353-9400 |