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Federal Loan Programs |
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| Fannie Mae Partnership | Involves community neighborhood development venture capital funds | $1 million - $5 million | Local developers involved in high-impact community re-development | Fannie Mae Partnership Office |
| SBA 504 Business Industrial Loan Program | Loans for land purchases, building purchases, and capital equipment purchases with a life of 15 years or longer. New construction, acquisition of existing real property | $100,000 - $1 million | For established businesses with a net worth of less than $7.5 million and average annual income of less than $2.5 million, or which qualify as a small business as defined by SBA. | SBA, Capital Access Center, Los Angeles County Business Finance Center, Advantage CDC, La Habra LDC, California Statewide CDC, LALDC, SBAC, GAVEA |
| SBA 7(a) Loan Guarantee Program | To provide up to 90% on commercial bank loans | $500,000 | For profit businesses that qualify as small businesses, years as defined by the SBA | SBA, Capital Access Center, CHARO, Advantage CDC, Harbor BAC, NCAIED, Operation Hope, PACE, SBAC, USC BEN, Barrio Planners |
| Community Express | Pilot loan program to help small businesses start, build, or grow | $250,000 | Small businesses located within specified geographic areas that SBA size standards | SBA |
| SBA Low Doc Program | To provide up to 90% on commercial bank loans | $100,000 | Entrepreneurs starting a new business & existing businesses whose average annual sales for the preceding 3 years do not exceed $5 million and employ 100 or less | SBA, CHARO, Advantage CDC, Harbor BAC, NCAIED, Operation Hope, PACE, SBAC, USC BEN, Barrio Planners |
| SBA 7(m) MicroLoan | Provides short-term loans for small scale financing purposes | $25,000 | Virtually all types of for-profit businesses that meet SBA eligibility requirements | SBA, VEDC |
| SBA Minority/Women Prequalification Pilot Loan Program | To provide eligible small businesses access capital through the coordinated efforts of both the public and private sectors. | $250,000 | Business that are at least 51% owned and managed by a racial ethnic minority, meet SBA 7(a) size standards and general eligibility criteria, and are not engaged in speculation or investment in rental real estate | SBA, CHARO, Advantage CDC, Harbor BAC, NCAIED, Operation Hope, PACE, SBAC, USC BEN, Barrio Planners, Los Angeles County CDC |
| Export Working Capital Program (EWCP) | To provide short-term loans, to small businesses for export related transactions; typically, loan maturity either matches a sales transaction cycle with a term of up to 18 months or supports a line of credit with a term of up to 12 months | $750,000 | Available to manufacturers, wholesalers, and export management companies, and export trading companies that have been in operation (not necessarily exporting) for at least one year prior to the filing of an application | SBA |
| International Trade Loan (ITL) | To provide short-term and long-term financing to small businesses involved in exporting as well as to businesses adversely affected by import competition. | $1.25 million | Small businesses involved in exporting | SBA |
| CAPLines | Meet short-term cyclical, working capital needs of small businesses | * | Small
businesses which fall within size standards, set by SBA for
manufacturing, wholesaling, retailing, and other areas *Loan advances can be made against a borrower's certified level of inventory and accounts receivable |
SBA |
| Surety Bond Guarantee | Assistance to small business contractors who are required to have a bid, performance, or payment bond in order to obtain a contract | No maximum | Small business contractors | SBA |
| Energy & Conservation Loan | To provide assistance to small businesses engaged in energy conservation | $750,000 | Small businesses engaged in engineering, manufacturing, distributing, marketing, and installing or servicing products designed to conserve the nation's energy sources | SBA |
| Pollution Control Loan | To provide assistance to businesses engaged in pollution control | $1 million | To be eligible for this program, businesses must design, build, install, or service a pollution control facility | SBA |
| Emergency Loan Assistance Fund | Provides short-term loans to non-profit organizations experiencing cash flow problems | $5,000 - $50,000 | Non-profit organizations | California Community Foundation |
