A FEW TIPS AS YOU LOOK TO FOR FUNDING

ACCESS TO CAPITAL

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U.S. Small Business Administration Disaster Loan Assistance

Go directly through the SBA for these loans - you do not need to go through a financial institution.

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CDC Small Business Finance Emergency Relief Loans

CDC Small Business Finance is offering two emergency relief small business loans.

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Los Angeles City Small Business Emergency Microloan Program

The newly established Small Business Emergency Microloan Program now provides financing.

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Small Business Counseling

The newly established Small Business Emergency Microloan Program now provides financing.

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California iBank Small Business Finance Center

The SBFC helps businesses create and retain jobs, and encourages investment in low- to moderate-income communities.

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California Capital Access Program

Designed to encourage banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing.

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Emergency Grant Opportunities

  • Amazon Neighborhood Small Business Relief Fund.
  • Convert Kit - $50K in grants for creatives to pay for medical, groceries, childcare and rent/mortgage.
  • Essence Magazine. - $100K grant to champion Black Women in busines.s
  • Facebook - $100M in Small Business Grants and ad credits.
  • James Beard - Foundation Relief Fund Provide micro-grants to independent food & beverage small businesses in need.
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Private Lenders & Loan Matching

  • Kiva - 0% interest loans; Max loan of $15K; New borrowers have a grace period of up to 6 months.
  • Lendistry - To pre-qualify for a loan from Lendistry, you must have been in business for at least 2 years (with tax returns), FICO score of at least 680+ and 2 years business tax returns.
  • Opportunity Fund - Provide loans to underserved small business owners.
  • Venturize - Has a matchmaking tool to connect you with lenders and other assistance.
  • Community Banks & Credit Unions are long-time allies for small businesses and have a higher rate of loan approval than traditional banks.
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Crowd-Funding

Crowd-Funding is a non-traditional way to raise debt-free funding for your business without having to give up equity.

  • U.S. Chamber Recommendations
  • IFundWomen - Funding platform providing access to capital through crowdfunding & grants.
  • Mainvest - Any brick & mortar business that has been effected may be eligible to receive a $2K zero-interest loan upon launching a campaign.

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