Areas Served: Shasta, Siskiyou, Modoc, Trinity, Humboldt, Del Norte, Butte or Tehama County
As a leading non-profit lender Superior California Economic Development (SCED) has leveraged the experience of our staff and our relationships with local lending partners to create several loan programs to make credit available to entrepreneurs that cannot qualify under conventional lending criteria.
In order to qualify for a business loan, your business must: – Be for profit – Be located in Shasta, Siskiyou, Modoc, Trinity, Humboldt, Del Norte, Butte or Tehama County.
– Demonstrate the ability to repay the loan from business-generated profits – Create or retain jobs with the loan funds – Historical business earnings – Well founded revenue projections – A solid business plan with complete financials – Acceptable credit history But you do not qualify for a conventional loan due to: – Limited collateral – Marginal historical cash flow – Minor historical credit issue – Short length of time in business – Small loan amount requested We have several programs offering: – Financing available from $5,000 to $250,000 – Fixed interest rates – Longer loan terms to keep your payments low – Collateral Support through loan guarantee enhancement
Contact InformationSuperior California Economic Development
Address: 499 Hemsted Drive, Suite A
City: Redding
State: California
Website:
http://www.scedd.org/business.htm
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