Areas Served: City of Gridley The City of Gridley, California has established a Revolving Loan Fund program to provide critical capital needs to businesses and real estate projects that will create and/or retain jobs and increase the community’s tax base. Contact InformationCity of Gridley, CaliforniaAddress: 685 Kentucky StCity: GridleyState: California Website: http://www.gridley.ca.us/why-work-here
Read MoreAreas Served: Los Angeles County The Micro Credit Access Program (MCAP) has been established to increase the flow of lending into underserved neighborhoods. A major goal of the fund is to increase lending to small businesses in targeted neighborhoods to spur economic activity, create jobs, and reduce blight. Use of Funds: Funds should be used
Read MoreAreas Served: City of Firebaugh Size of Loans – Min. $5,000 – Max. $25,000; Interest Rate – Variable Rate Loans priced at Prime Rate +2.75%; Term between 2 – 6 years; and fees of 2% plus out-of-pocket expenses. Profile of Borrowers – Microenterprises, start-ups, and existing small businesses. Small business must be located in the
Read MoreAreas Served: Fresno, Kern, Kings, Madera, Mariposa, Merced, Stanislaus, Tulare, Tuolumne Whether you are starting up a new business, expanding your existing business, or need to restructure your existing business’s financing, Valley Small Business offers a micro loan program for California businesses in the counties of Fresno, Kern, Kings, Madera, Mariposa, Merced, Stanislaus, Tulare and
Read MoreAreas Served: Baldwin Park, California The Commercial Loan Program offers Baldwin Park businesses a maximum loan amount of $75,000 at a 2.45% interest rate. Terms are 10 years maximum for repayment. Since the inception of the Baldwin Park Commercial Loan Program in 1980, more than 140 commercial loans have been issued amounting to more than
Read More