Eligibility Guidelines

Eligibility Criteria For A Loan To Start, Buy Or Expand A Business

  • Located in 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:

  • Either an outside source of income (spousal income, other job, rental, etc.) OR collateral equal to the value of the loan.
  • 30% injection from the owner
  • Business Plan and reasonable financial projections (click here for templates)