Small Business Loan Eligibility Guidelines
Eligibility Criteria For A Loan To Start, Buy Or Expand A Business
- Located in California, Nevada or Arizona (Please note that loans under $50,000 are only available in Southern California)
- No bankruptcy within the last 4 years
- Not currently behind on any existing debt
- Have the capacity to meet living expenses and repay loan
- Owner(s) must personally guarantee the loan
Start-up businesses must have:
- 20% injection downpayment from the owner
- Business Plan and reasonable financial projections (click here for templates)
- Management or industry experience preferred