Small Business Financial Assistance
Small Business Loan Guarantee - CalCAP California Capital Access Program
Small Business Loan Guarantee - CalCAP California Capital Access Program insures loans made to small businesses to assist them in growing their business. Loans can be used to finance the acquisition of land, construction or renovation of buildings, the purchase of equipment, other capital projects and working capital.
There are limitations on real estate loans and loan refinancing. The borrower's business must be in one of the industries listed in the qualified Standard Industry Classification (SIC) or the North American Industry Classification System (NAICS) codes list.
Count Me In for Women’s Economic Independence
Count Me In for Women’s Economic Independence is the leading national not-for-profit provider of micro loans and business education for women entrepreneurs.
Count Me In provides microloans ranging from $500 to $10,000 to women who are starting or growing their businesses. First loans must be $5,000 or less, but each time a loan is repaid in full business owners are eligible to borrow again.
Small Business Administration
Small Business Administration (SBA) is an independent agency of the federal government to aid, counsel, assist, and protect the interests of small business concerns and protect the interests of small business concerns; helps start, build, and grow businesses.
Los Angeles County Economic Development Corporation (LAEDC) Business Assistance Program
Los Angeles County Economic Development Corporation (LAEDC) Business Assistance Program offers free, confidential assistance to business owners, decision makers, and consultants representing large and small, domestic and international businesses.
Their business team can facilitate access to private and public financing resources for your business in conjunction with other technical assistance. Contact the LAEDC for more information at (888) 4-LAEDC-1.
Los Angeles County PACE
LA County Program Available for Building Upgrades
As a property owner or manager, you know that lowering your building’s operating costs is important to your bottom line and cash flow. By upgrading or retrofitting your building to use less energy and water, or produce clean energy, you can save money on your utility bills while increasing your property’s value.
In an effort to make these energy improvements more attainable for property owners, Los Angeles County is now offering the Property Assessed Clean Energy (PACE) Financing Program for these types of improvements. Unlike a traditional loan, PACE financing is paid back via an assessment on the property tax bill.
Los Angeles County’s PACE financing allows owners of commercial properties to finance up to 100 percent of the cost of installing energy-efficient, renewable energy and water-saving improvements and immediately enjoy the benefits of lower utility bills.
Other benefits of financing energy improvements through PACE include:
- Lower operating costs
- Higher property value
- Better rates and terms than traditional financing
- Cash-flow positive from day one by allowing projects to be amortized over a longer period of time
Please visit Los Angeles County’s PACE website for more information and fill out a FREE initial application to determine whether PACE financing is right for your project.
Questions? Contact PACE or (877) 785-2237.