Areas Served: Los Angeles, Ventura and Orange Counties
Since 1998, the LABDC has administered a Small Business Administration Microloan Program in Los Angeles, Ventura and Orange Counties.
The SBA Microloan Program has a capital base of $3 million, which provides financing to existing and start-up businesses.
Loans originate from $1,000 to $35,000 for 3-5 year term at market rate with no points.
More than 510 loans have been funded, for $6.4 million.
Contact Information
Valley Economic Development Center
Address: 5121 Van Nuys Blvd,
City: Van Nuys
State: California
Website:
https://www.vedc.org
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