Our Micro-loan Program was established in 2002 as the first program of its kind in the State of California operated by a Hispanic business organization.
Our Micro-loan Program focuses on assisting minority-owned businesses, including Hispanic-owned businesses and providing access to capital that’s not accessible to small business owners through conventional financial institutions.
We assist in identifying the lending source, submitting the application, and gathering all of the necessary documents including developing a business plan and cash flow projections.
Since 2002, The Microloan Program has generated over 250 loans totaling over $5 million in capital.
Coalinga Revolving Loan Fund
In partnership with the U.S. Department of Commerce, Economic Development Administration, this program, provides direct loans at affordable rates and terms to small and medium businesses in the City of Coalinga.
The Coalinga Revolving Loan Fund (CRLF) assists the start-up or growth of a business and revitalizes the local economy through job creation/retention.
Through this program, we also provide business development training workshops to small businesses that are starting or expanding in the City of Coalinga.
The purpose of the workshops is to educate and assist businesses in areas such as developing a business plan, that focuses on establishing company short term/long term goals and future growth.
The topics for these workshops will include marketing, business structure, finance basics, loan applications and credit, management, and cash flow projections among others.
If you are interested in these programs or learning how to expand your business, please fill out the form below and someone from our team will get back to you.