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Citywide Loan Programs |
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| City of Compton Business Assistance Program | To increase the number of viable businesses that will provide quality goods, services, and employment opportunities to the City of Compton | $4,000 - $50,000 | Small businesses located within the City of Compton | City of Compton Business Assistance Center |
| City of Compton Revolving Loan Program | To encourage commercial and industrial revitalization, stimulate private investment, and in general, improve those areas experiencing economic decline. Funding can be used for rehabilitation | $25,000 - $100,000 | City of Compton businesses that have been in operation for at least 2 years and can demonstrate the capacity to meet the monthly debt service resulting from the loan | City of Compton Business Assistance Center |
| City of Long Beach - Revolving Loan Fund Programs | To offer financial incentives for property & business owners | $25,000 - $300,000 | Property & business owners in specifically designated areas of Long Beach | City of Long Beach Business Assistance Division |
| City of Long Beach - Capital Availability Program | Low interest loans for working capital to purchase equipment or machinery, or for real estate improvement | $5,000 - $25,000 | Existing small businesses within specifically designated areas of Long Beach | City of Long Beach Business Assistance Division |
| City of Los Angeles - Section 108 Loan Program | "Matching loan program" to facilitate larger real estate projects that will result in job creation and the economic and physical revitalization of the City of Los Angeles | $500,000 - $ 5 million | City of Los Angeles businesses demonstrating a need for outreach financing | City of Los Angeles Community Development Department |
| City of Los Angeles - LAX. Port | Direct loans for credit-worthy businesses that cannot otherwise obtain financing due to lender limitations | No Maximum | Small or medium-sized exporting businesses with a 60 mile radius of downtown Los Angeles and/or ships through the Port of Los Angeles or Los Angeles International Airport | City of Los Angeles Office of Mayor Economic Development Office |
| City of Walnut Existing Business Loan Program | To assist local businesses in expansion by providing short-term loans for working capital, equipment purchases, tenant improvements, and other business related expenses | $5,000 - $25,000 | City of Walnut businesses that have been in operation for at least 3 years | City of Walnut Economic Development Department |
| Brotherhood Business Development Loan Program | To 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 | $10,000 - $100,000 | Minority small businesses located in South Central Los Angeles and surrounding communities that will enhance the economic development of the areas by providing quality opportunities in the community, providing products and service that will reflect the needs of the community | Brotherhood Business Development & Capital Fund |
| Small Business Expansion Loan Program | Companion loan in which funding is shared by 32 participating banks. Those banks provide 50% of the program's funding. The City of Los Angeles provides 40%, and business owner/ entrepreneurs provide 10% | $250,000 | Businesses located in or planning to locate in South Central Los Angeles | Community Financial Resource Center (CFRC) |
| Capital Partners | A Micro Loan peer lending program. Program works when a group is formed, trained, and becomes it's own loan committee | $500 - $5,000 | For new entrepreneurs who have a clear and well developed idea for a business but lack collateral and existing entrepreneurs who lace adequate credit history or limited access to working capital | Community Financial Resource Center (CFRC) |
| SEED Loan Program | To provide loans for struggling businesses and small businesses which have been in operation for a minimum of one year | $5,000 - $30,000 | Businesses that have been in operation for a minimum of one year | Community Financial Resource Center (CFRC) |
| Revolving Loan Fund | To provide micro and small businesses who have been declined by traditional banks with funds to rebuild, save jobs, and create employment opportunities. Loan proceeds may be used for debt restructure, business acquisition, fixed asset financing, and working capital | $25,000 - $700,000 | Micro home-based, established small and medium sized businesses, manufacturers, franchises, and community based organizations located within the City of Los Angeles | VEDC |
| MicroLine Micro Loan | Short term (temporary) working capital | $5,000 - $50,000 | Small Businesses with revenues under $500,000 with credit worthy debtor accounts or self-liquidating borrowing needs (line). Small businesses with need to acquire fixed assets (loan) | LALDC |
| MaxLine Max Loan | Seasonal/revolving credit line working capital, pre-development | $50,001 - $350,000 | Small to medium-sized business with revenues between $500,000 and $1,000,000 with credit worthy debtor accounts, small real estate projects in under served communities | LALDC |
| Fixed/Patient Capital Funding | Equipment acquisition, long-term capital, business acquisition, debt restructuring | $50,000 - $350,000 | Small to medium-sized businesses with revenues between $500,000 and $1,000,000 with credit worthy debtor accounts, small real estate projects in under-served communities | LALDC |
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Commercial Real Estate Loans |
Acquisition & construction of real estate, manufacturing/warehouse, retail/other commercial, or community facilities |
$250,000 - $1,000,000 |
Small to medium-sized businesses with a need to build, acquire, or renovate real property. Many product type and uses are acceptable including retail, industrial, office, and community facilities. Tax exempt financing is available for qualifying projects. May be senior or junior debt under a co-lending structure & participated with other investors. |
LALDC |
