BusinessSource Centers provide startup ventures and current small business owners various cost-effective tools to make their business a success. Through these tools, small businesses can grow and remain competitive within the City of Los Angeles.
Our experienced and professional staff thoughtfully and confidentially provide no-cost, one on one, business consultations to aspiring and current business owners.
Tax Incentives and Credits
Learn how to identify and manage tax incentives and credit opportunities to get the money you may be entitled to.
Business Courses (Self-paced)
A great way to enhance, refresh or learn anew solid business principles at your own pace along and or with the support of our staff as needed.
Entrepreneur Training Program (Business Planning)
Complementing the drive and determination of the entrepreneurs, our no-cost Entrepreneurial Training program serves to motivate and encourage the development, improvement and utilization of vital business skills and knowledge for the flourishment of the business. We coordinate with outside experts to instruct on the importance of using accounting software such as QuickBooks and Wave to support the financial health of the business.
We are here to help you navigate the sometimes-challenging process of registering your business by assisting with the completion of registration forms and guiding you to the correct agencies.
We take a wholistic approach of preparing and connecting adults to employment opportunities that provide sustaining wages. Key to our success is the development and fostering of partnerships with businesses and employers in the community to tap into the job opportunities.
Find out more about our Economic and Workforce Development through Coalition for Responsible Community Development (CRCD) (coalitionrcd.org) using the buttons listed
A blurb in some where way to enhance, refresh or learn anew solid business principles at your own pace along and or with the support of our staff as needed.
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
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.