Among the most difficult obstacles facing the start-up business owner, or even established business owner seeking to expand his or her business, is access-to-capital. The Latin Business Association is proud of its alliance with these fine organizations and institutions who are committed to providing today’s entrepreneurs the capital needed to grow their businesses:
LBA Access-to-Capital Partners
VEDC- Valley Economic Development Center
Enriching communities by making economic dreams a reality.
5121 Van Nuys Blvd. 3rd Fl.
Van Nuys, CA 91403
Tel: (818) 907-9977
Fax: (818) 907-9720
TF: (800) 304-1755
Small Business Loans – (818) 552-3321 and (818) 907-9922
VEDC is the largest non-profit small business lender in metro Los Angeles offering direct micro and small business loans as well as SBA7(a) and SBA 504 loans.
With a mission of creating & sustaining jobs and businesses, VEDC provides affordable business assistance services, direct financial assistance, and entrepreneurial training to individuals and businesses in Los Angeles County, as well as statewide lending.
- Small Business Financing – Microloan Programs – financing for start-up, existing and home-based businesses in Los Angeles, Ventura, Santa Barbara and Orange Counties.
- Loan subject to 1-day participation in Micro Enterprise Training Program.
- Eligible use of proceeds include: Storefront Façade Improvement; Machinery and Equipment; Working Capital; Inventory; Relocation and Business Acquisition.
U.S. Small Business Administration (SBA)
SBA- Los Angeles District Office
330 North Brand, Suite 1200
Glendale, CA 91203
Guaranteed Loan Programs – SBA itself does not make loans, it guarantees loans to small businesses by private and other institutions.
SBA offers a variety of loan programs for very specific purposes:
SBA Loan Queue
On September 27, 2010, President Obama signed the Small Business Jobs Act of 2010 (the “Small Business Jobs Act”). This legislation provided an additional $505 million to the Small Business Administration to support as much as $14 …
7(a) Loan Program – Financial help for businesses with special requirements. For example, funds are available for loans to businesses that handle exports to foreign countries, businesses that operate in rural areas, and for other …
Microloan Program – provides small, short-term loans to small business concerns and certain types of not-for-profit child-care centers. The SBA makes funds available to specially designated intermediary…
CDC/504 Loan Program – long-term financing tool, designed to encourage economic development within a community. The 504 Program accomplishes this by providing small businesses with long-term,…