Areas Served: El Dorado, Placer, Nevada, Lassen, Plumas, Modoc, Sacramento, Sierra and Yolo Counties.
The Ag-Express Loan Program is designed specifically to support the needs of ag related businesses in the California counties of El Dorado, Placer, Nevada, Lassen, Plumas, Modoc, Sacramento, Sierra and Yolo, featuring a short application and fast turn around from application to funding.
Uses of funds includes Working Capital, Equipment purchase, Supplies/Inventory, Business Expansion, Agriculture business related purchases.
Note Real Estate is not eligible.
Qualifications include 3 years in business, demonstrating profitability and repayment ability.
Loan Amount – $5,000 – $25,000 Maximum Term – Up to 5 years Interest Rate – Wall Street Journal Prime + 4% – 6%
Contact InformationSierra Economic Development Corporation
Address: 560 Wall Street, Suite F
City: Auburn
State: California
Website:
http://www.sedcorp.biz/content/business-financing
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