Provider: Community Development Department

Categories: Business Assistance: Financial Assistance

Description
Financial assistance to small business owners located within the boundaries of the City of Los Angeles. Applications for borrowing under the Program may be submitted only through the Los Angeles BusinessSource Centers. Please refer to service link for nearest BusinessSource Center to you. The Program offers secured term loans of three (3) to seven (7) years, in amounts ranging $50,000 up to $450,000, to qualified businesses, with job creation commitment. The Program is not designed to offer revolving lines of credit.

Webpage: http://www.lacity.org/CDD/bus_index.html