Areas Served: City of San Jose The San Jose Redevelopment Agency (SJRA) created the small business loan program in 2002 to strengthen and improve San Jose’s retail environment by providing low-interest loans up to $25,000 to eligible ground floor retail businesses in redevelopment areas. Loan proceeds may be used to fund business needs such as
Read MoreAreas Served: Northern California Economic Development Loans are available to ventures in the 46 northernmost counties of California that produce jobs, income, wealth and economic stability, including worker-owned cooperative business. Loans range from $10,000 to $2 million or more through loan participations, with loan terms spanning sixty days to ten years. Interest rates generally range
Read MoreAreas Served: South Central Los Angeles and surrounding communities The Brotherhood Business Development Loan Program provide funding to qualified minority small business owners for leasehold improvements, trade fixtures, building improvements, acquisition of equipment and machinery, and working capital for inventory purchases. Loan Amount: $10,000 – $100,000 Eligibility: Minority small businesses located in South Central Los
Read MoreAreas Served: Richmond, California The City of Richmond’s Revolving Loan Fund (RLF) is a community-based program with the goal of fostering local economic growth through creating and retaining employment opportunities for Richmond residents and complementing community and individual development initiatives. Who Can Apply? The City of Richmond encourages the development of new businesses and the
Read MoreAreas Served: Fresno County The Fresno Center for New Americans offers a revolving business loan for businesses in Fresno, California. Size of Loans – Min. $5,000 – Max. $50,000; Interest Rate – Fixed Rate 9.5%, Term between 2 – 4 years, and fees of 2% plus out-of-pocket expenses; Profile of Borrowers – Microenterprises, start-ups, and
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