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City of LA |
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SMALL BUSINESS FINANCING GUIDES
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LOCAL AND STATEWIDE LENDING PROGRAMS
 California Capital Access Program (CalCAP) |
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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/cpcfa | |
| California Economic Development Lending Initiative (CEDLI) |
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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.org | |
| California Loan Guarantee Program Description |
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| Description: | Allows a business to obtain a loan it could not otherwise obtain and to establish a favorable credit history with a lender. | |||
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Valley Economic Development Center Phone: (818) 834-9860 |
Pacific Coast Regional Financial Development Corp. Phone: (213) 739-2999 |
Hancock Urban Development Corporation Phone: (213) 382-4300 |
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| Community Financial Resource Center |
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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.net | |
| FAME Renaissance Microloan Program |
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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.org | |
| Los Angeles Business Assistance Program |
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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 |
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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.html | |
| Small Business Loan Guarantee Program |
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| Description: Encourages banks to make small business loans not traditionally bankable. Special emphasis placed on the creation and retention of jobs. Participating Institutions: |
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Valley Economic Development Center Phone: (818) 907-9977 or Toll free: 800-304-1755 |
Pacific Coast Regional Financial Development Corp. Phone: (213) 739-2999 |
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Asian Pacific Revolving Loan Fund Phone: (213) 989-3100 |
Pacific Asian Consortium in Employment (PACE) Phone: (213) 353-9400 |