Loan guarantee for business loans up to $2,000,000; the SBA guarantees up to 90% of the loan

US Small Business Administration

Contact SBA lenders directly or the SBA:

Small Business Administration (SBA)
Mary Guerrero
Los Angeles District Office
330 N. Brand Blvd., Suite 1200
Glendale, CA 91203
(818) 552-3229
http://www.sba.gov/financing/sbaloan/7a.html

United States

Small businesses meeting SBA guidelines (typically 500 or fewer employees for manufacturers, 100 or fewer employees for distributors, or gross revenue of less than $5 million for retailers and service firms)

Working capital, equipment and inventory purchases, construction, purchase of existing real estate, and purchase of businesses.

SBA charges lenders a guaranty and a servicing fee for each loan approved. These fees can be passed on to the borrower once they have been paid by the lender.

Applicants negotiate terms with the lender. Interest rates are tied to the prime rate and may be fixed or variable, subject to SBA maximums. Amounts vary between $35,000 up to $2,000,000 for special circumstances. Up to 25 years amortization.

Ongoing. The SBA can provide a list of active SBA lenders in Los Angeles, including Preferred Lenders, Certified Lenders and licensed Small Business Lending Companies.

CAPLines is the umbrella for SBA programs providing guarantees for short-term, working capital lines of credit; revolving lines of credit are available for Seasonal, Contract, Builder and Asset-Based line of credit

US Small Business Administration

Contact SBA lenders directly or the SBA:

Small Business Administration (SBA)
Los Angeles District Office
330 N. Brand Blvd., Suite 1200
Glendale, CA 91203
(818) 552-3229
http://www.sba.gov/financing/loanprog/caplines.html

United States

Small businesses meeting SBA guidelines (typically 500 or fewer employees for manufacturers, 100 or fewer employees for distributors, or gross revenue of less than $5 million for retailers and service firms)

The maximum loan amount is $2 million dollars. SBA's maximum exposure is $1.5 million.

SBA charges lenders a guaranty and a servicing fee for each loan approved. These fees can be passed on to the borrower once they have been paid by the lender.

Applicants negotiate terms with the lender. Terms may range from 12 month to 5 years. Consult the SBA and lenders for additional information for specific programs.

Ongoing, subject to availability of funds and revisions to SBA programs.

Loan guarantees for business loans up to $100,000 with minimal documentation. The SBA guarantees up to 85% of the loan

US Small Business Administration

Contact active SBA lenders directly or the SBA:

Small Business Administration (SBA)
Los Angeles District Office
330 N. Brand Blvd., Suite 1200
Glendale, CA 91203
818-552-3229
http://www.sba.gov/financing/lendinvest/lowdoc.html

United States

The purpose of the loan is to start or grow a business; The existing business employs no more than 100 people, has average annual sales for the preceding three years not exceeding $5 million, and the business including affiliates; the business and its owners have good credit; and the business owners are of good character.

Working capital, equipment and inventory purchases, construction, purchase of existing real estate, and purchase of businesses.

A fee 2% on guaranteed portion of the loan

Applicants negotiate terms with the lender. Interest rates are tied to the prime rate and may be fixed or variable, subject to SBA maximums, which decline with loan size. The SBA maximum for loans with terms under seven years is Prime plus 2.25 points; the maximum for loans with terms of seven or more years is Prime plus 2.75 points. Loans under $50,000 are subject to higher maximums.

The loan term varies based upon the use of proceeds and the applicant’s ability to repay. It may be a maximum of 25 years for real property acquisition and 10 years for all other uses.

Ongoing, subject to availability of funds and revisions to SBA programs

US Small Business Administration

Small Business Administration (SBA)
Los Angeles District Office
330 N. Brand Blvd., Suite 1200
Glendale, CA 91203
818-552-3229

San Francisco Regional Office
455 Market Street, 6th floor
San Francisco, CA 94105
415-744-6820

http://www.sba.gov/financing/bonds/osgprogram.html

United States

Generally, all small businesses, whether they are sole-proprietorships, partnerships, or corporations are eligible to participate in SBA's surety bond guarantee programs. Individual contracts of $2 million or less are eligible for SBA's bond Guarantee. There is no limit to the number of bonds that can be Guaranteed- for any one contractor.

The SBA guarantees surety companies for a percentage of losses sustained on contracts. Any bid, performance or payment contract bond is eligible for an SBA guarantee subject to specific requirements of the SBA.

All final bond applications, and all bid bonds resulting in awards, require a processing fee of $6.00 per thousand dollar of the contract face value. You pay the processing fee, however I the event of cancellation, or if for some reason the bond is not issued, the processing fee will be returned.

If the SBA guarantees a final bond, the contractor must pay a guarantee fee equal to a certain percentage of the contract amount. The contractor also pays the bond premium.

Ongoing, subject to availability of funds and revisions to SBA programs.

Long-term, fixed-rate financing for major fixed assets, such as land and buildings. A Certified Development Company is a nonprofit corporation set up to contribute to the economic development of its community.

US Small Business Administration

Contact SBA lenders directly or the SBA:

Small Business Administration (SBA)
Los Angeles District Office
330 N. Brand Blvd., Suite 1200
Glendale, CA 91203
818-552-3229
www.sba.gov/financing/sbaloan/cdc504.html

United States

To be eligible, the business must be operated for profit and fall within the size standards set by the SBA. Under the 504 Program, the business qualifies as small if it does not have a tangible net worth in excess of $7 million and does not have an average net income in excess of $2.5 million after taxes for the preceding two years.

Fixed asset projects such as: purchasing land and improvements, including existing buildings, grading, street improvements, utilities, parking lots and landscaping; construction of new facilities, or modernizing, renovating or converting existing facilities; or purchasing long-term machinery and equipment. The 504 Program cannot be used for working capital or inventory, consolidating or repaying debt, or refinancing.

Fees total approximately three (3) percent of the debenture and may be financed with the loan.

Interest rates on 504 loans are pegged to an increment above the current market rate for five-year and 10-year U.S. Treasury issues. Maturities of 10 and 20 years are available. Amounts vary from $125,000 up to $5 mil. As low as 10% down.

Ongoing