Areas Served: City of San Diego or the City of Chula Vista. The Cities of San Diego and Chula Vista have matched a $1.5 million grant from the Economic Development Administration (EDA) to develop the San Diego Regional Revolving Loan Fund (SDRRLF). The $3 million fund operates in the two cities to provide small business
Read MoreAreas Served: Cities of Selma, Reedley, Parlier, Kingsburg, and Fowler. 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; Fees of 2% plus out-of pocket expenses. Profile of Borrowers – Microenterprises, start-ups, and small businesses. Must be
Read MoreAreas Served: City of Walnut The City of Walnut, California’s Existing Business Loan Program assist local businesses in expansion by providing short-term loans for working capital, equipment purchases, tenant improvements, and other business related expenses. Loan Amount: $5,000 – $25,000 Eligibility: City of Walnut businesses that have been in operation for at least 3 years
Read MoreAreas Served: Lake County The purpose of the USDA Intermediary Relending Program (IRP) program is to alleviate poverty and increase economic activity and employment in Lake County, California. Under the IRP program, loans are provided to local organizations (intermediaries) for the establishment of revolving loan funds. These revolving loan funds are used to assist with
Read MoreAreas Served: Fresno, Kings, Kern, Tulare, Madera, Merced, Stanislaus, San Joaquin, and Monterey The Refugee Micro-enterprise Development Fund provided by the Fresno Community Development Financial Institution is specifically for refugees and asylees in need of business financing and business training in the California counties of Fresno, Kings, Kern, Tulare, Madera, Merced, Stanislaus, San Joaquin, and
Read More