Financial Assistance
The Southeast Los Angeles BusinessSource Center provides start-ups and current small business owners with options for financing your success.
Ready to take your idea to the next level?
Microloans
Southeast BusinessSource Center staff has experience facilitating micro loans up to $50,000 as well as non-conventional small business loans up to $250,000.
Other Loans
SBA 7A
The 7(a) Loan Program, SBA’s most common loan program, includes financial help for small businesses with special requirements. This is the best option when real estate is part of a business purchase, but it can also be used for:
Short- and long-term working capital Refinance current business debt Purchase furniture, fixtures, and supplies
The maximum loan amount for a 7(a) loan is $5 million. Key eligibility factors are based on what the business does to receive its income, its credit history, and where the business operates. Your lender will help you figure out which type of loan is best suited for your needs
SBA 504
The CDC/504 Loan Program provides long-term, fixed rate financing of up to $5 million for major fixed assets that promote business growth and job creation.
504 loans are available through Certified Development Companies (CDCs), SBA’s community-based partners who regulate nonprofits and promote economic development within their communities. CDCs are certified and regulated by the SBA.
