Areas Served: Sacramento County
The Sacramento Hispanic Chamber of Commerce’s Micro Loan Program is designed to help you grow small business in Sacramento, California.
This service is available to all SHCC members.
The Micro Loan Program is available to all members, with loans ranging from $5,000-$35,000. at 9.5%.
If you have challenging credit or no credit, the Micro Loan Program is your answer.
Approved loans applied by Members of the Sacramento Hispanic Chamber will get a discount on their loan fees.
ELIGIBILITY REQUIREMENTS: – Applicant must be current on all federal, state and local taxes – Applicant must be current on all child support payments – Applicant must have not have filed bankruptcy within the last 5 years, VSBDC may consider a loan request from an applicant who has a previous bankruptcy history.
However, the bankruptcy must have been closed for a minimum of two (2) years and the applicant must have re-established acceptable credit since the bankruptcy – Applicant must not have a history of any felonies – Applicant must demonstrate the ability (on historical and/or projected basis) to satisfy the debt servicing requirements of the loan requested as well as the global debt servicing requirements of the applicant – Applicant’s operation must demonstrated the ability (on a historical and/or projected basis
Contact InformationSacramento Hispanic Chamber of Commerce
Address: 1491 River Park Drive, Suite 101
City: Sacramento
State: California
Website:
http://www.sacbsc.org/bus_Loans.html#shcc
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