Areas Served: San Francisco, Alameda, Santa Clara, and San Mateo counties.
Opportunity Fund helps small businesses grow and maintain their business.
Opportunity Fund is a non-profit lender that has lent more than $19.5 million to small businesses throughout California.
With offices and loan officers located throughout the Bay Area, Opportunity Fund lends to Northern California small businesses, targeting those located in San Francisco, Alameda, Santa Clara, and San Mateo counties.
They provide an alternative source of capital for small business owners turned down by banks and who do not want to borrow on credit cards.
Typical clients are small businesses with more than 1 year in business that generate enough business income to support all expenses, have good or mixed credit, and cannot qualify for a conventional bank loan.
Loans are made to home-based businesses such as contractors, landscapers, carpet cleaners; retail-based service such as auto repair shops, hair salons, drycleaners and chiropractors; retail stores such as wedding stores and neighborhood markets; and industrial or light manufacturing businesses.
Loan Amounts: Small loans from $1,000-$100,000 Fixed Interest Rates: 8% – 12% Loan Fees: 5% or less (included in loan amount) Loan Terms: 17 years Loan Collateral: Little or no collateral requirements
Contact Information
OpportunityFund
Address: 111 W. St. John Street, Suite 800
City: San Jose
State: California
Website:
https://www.opportunityfund.org
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