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SBA Microloan

Eligibility

Loan Amount:
$20,000 – $50,000

Terms:

3-5 year term
Fixed: 8 – 10%

Features:

  • Best for new or early stage businesses
  • Funds can be used for working capital, operating expenses, tenant improvements, equipment, business acquisition, and refinancing of business debt
  • Affordable capital compared to other nontraditional loans
  • 12 hours of complimentary business advising to support long-term success
  • Available to businesses that are not able to obtain funds from a bank
  • Requirements Credit score of at least 680
  • Cash flow to service requested debt
  • Collateral not needed for approval
  • Projections reviewed for businesses affected by COVID-19

Areas served California counties:
Alameda, Butte, El Dorado, Fresno, Imperial, Kern, Kings, Los Angeles, Madera, Merced, Orange, Placer, Riverside, Sacramento, San Bernardino, San Diego, San Francisco, San Mateo, Santa Clara, Stanislaus, Ventura

 

SBA Forms and Templates

Visit our forms and templates page to get useful resources including the


Contact us to be connected to a loan officer loaninfo@cdcloans.com

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