Website: www.scorela.org
Additional Financing and
Other Business
Assistance Programs
Supplementary material to the SBA Resource
Guide from SCORE
Disclaimer: Resources listed on this document are for
information only, and we do not endorse any of resources
listed here. This reference sheet was not created to replace
the SBA Resource Guide, and hence does not contain
information on traditional financing programs, such as SBA
Loans. If you want to learn about SBA loans and other SBArelated financing programs, please refer to SBA Resource
Guide or contact SBA directly.
Last Updated: 5/23/2015
Additional Financing & Business
Assistance Program Available
SBA Tools for Financing:
SBA Leveraging Information and Networks to Access Capital (LINC)—Connecting Borrowers with
SBA Approved Lenders. Once applicant fills out the form, SBA Lenders will contact him/her
within 48 hours if there is a match.
Website: https://www.sba.gov/tools/linc
Credit Union (With SBA Lending program):
ALLIANT CREDIT UNION
11545 W. Touhy Ave.
Chicago, IL 60666
773-462-2000 • 773-462-2093 F
www.alliantcreditunion.com
KINECTA FEDERAL CREDIT UNION
4041 MacArthur Blvd., Ste. 100
Newport Beach, CA 92660
949-253-5338 • 949-955-3255 F
www.kintecta.org
CALIFORNIA CREDIT UNION
701 N. Brand Blvd.
Glendale, CA 91203
818-291-5514 • 818-484-2016 F
www.californiacu.org
PACOIMA DEVELOPMENT
FEDERAL CREDIT UNION
13168 Van Nuys Blvd.
Pacoima, CA 91331
818-899-8506 ext. 5
818-899-8516 F
www.pacoimadfcu.org
COAST HILLS FEDERAL CREDIT
UNION
3880 Constellation Rd.
Lompoc, CA 93436-1404
805-733-7618 • 805-733-5896 F
www.coasthills.coop
FINANCIAL PARTNERS CREDIT
UNION
7800 East Imperial Hwy.
Downey, CA 90242
562-904-4258 • 562-904-4285 F
www.fpcu.org
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SCE FEDERAL CREDIT UNION
12701 Schabarum Ave.
Irwindale, CA 91706
626-646-2381 • 626-646-2349 F
www.scefcu.org
VENTURA COUNTY CREDIT
UNION
6026 Telephone Rd.
Ventura, CA 93006-6920
805-477-4079 • 805-339-9299 F
www.vccuonline.net
Microlenders:
CDC SMALL BUSINESS FINANCE CORP.
2448 Historic Decatur Road
Suite 200, San Diego, CA 92106
Microlending: Kurt Chilcott
Microlending: Robert Villarreal
Microlending: Susan Lamping
619-243-8652
rvillarreal@cdcloans.com
www.cdcloans.com/
Service Area: Ventura, Los Angeles, San
Bernardino, Riverside
OPPORTUNITY FUND NORTHERN
CALIFORNIA
111 West Saint John Street
Suite 800 San Jose, CA 95113
Executive Director : Eric Weaver
Microlending: Eric Weaver
Microlending: Gustavo Lasala
Microlending: Marco Lucioni
Microlending: Zuri Ruiz
866-299-8173
loans@opportunityfund.org
www.opportunityfund.org
Startup Funding? Yes, capital injection from
owner 30%
Collateral? Yes, all available collateral
Loan:
 SBA Microloan—$20,000 - $50,000
o Interest rate 4.75%(Fixed)
o 3-5 year term
 SBA Community Advantage Loan—
$20,000 - $250,000
o Interest rate 2.75 – 6%
o 7-10 year term
Service Area: Los Angeles, Orange, Riverside,
Contra Costa
Startup Funding? No, Business operation at
least 1 year
Collateral? Yes, Call the office directly to inquire
Loan:
 Opportunity Loan—$2,600 - $20,000
o Interest rate 10 - 18%
o Up to 3-years
 Small Business Loan—$20,000 $100,000
o Interest rate 8.5 – 10%
o Up to 5 years
VALLEY ECONOMIC DEVELOPMENT CENTER
5121 Van Nuys Blvd.
3rd Floor Van Nuys, CA 91403
Executive Director: Roberto Barragan
Microlending: Angela Stanislawski
Microlending: Nilima Kapoor
Microlending: Roberto Barragan
818-907-9977 x220
nkapoor@vedc.org
www.vedc.org
Service Area: Orange, Los Angeles
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Startup Funding? Yes, 30% equity injection and
collateral. – 30% of portfolio—startup
companies
Collateral? Yes, in the form of a vehicle or real
estate.
Loan:
 Microloan—$1,000 - $50,000
o Interest rate 7.75 – 9.75%
o Up to 5 years
o Repayment—Interest-only up
to 3-months and monthly
payment afterward.
o
PACIFIC ASIAN CONSORTIUM IN
EMPLOYMENT
1055 Wilshire Blvd.
Suite 1475 Los Angeles, CA 90017
Executive Director: Kerry Doi
Microlending: Kerry Doi
Microlending: Namoch Sokhom
213-989-3265
nsokhom@pacela.org
www.pacelabdc.org
Service Area: Los Angeles


Startup Funding? Yes, Consider a variety of
aspects, such as financial projection, business
plan, borrower’s industry experience, credit
report (ability to pay back the loan), collateral.
20 – 30% capital injection.

Collateral? Yes, 100% for PACE SBA Microloan
and Small Business Loan. 65% of loan amount
for Los Angeles City Loan.

Loan:

Startup loans—open to all types of
business loans below.
o Up to $150,000. No minimum
amount to be borrowed.
vouch for an entrepreneur’s character
and business viability.
RISE FINANCIAL PATHWAYS
4060 South Figueroa Street
Los Angeles, CA 90037
323.233.1900
info@cfrcla.org
https://risefinancial.wordpress.com
Startup Funding?
Collateral?
 Kiva Zip—Trustee—designated
organization or individual that agrees to
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Open to all business types.
Including SBA-approved
franchises.
o Minimum 20% capital injection.
o Credit 650, but comprehensive
review of credit history.
o Monthly payment.
PACE SBA Microloan—$5,000 - $50,000
o Interest rate 7.75 – 8.75%
o Up to 3-years
o Credit score 640 or above
Small Business Loan—$100,000 $2,000,000
o Interest rate 4.25 – 4.75%
o 7 – 25 years
o 2-years of operation
SBA Express Loan—$5,000 - $50,000
o Interest rate 7 – 8%
o Up to 10 years
o Credit score 680+
Los Angeles City Loan— $50,000 $450,000
o Interest rate US T-Bill 10 years +
2%
o 3-7 years
o 2 years of operation
Loan:



SEED Loan(1-year operation or more)—
$5,000 - $30,000; Interest rate
Kiva Zip—$5,000 - $50,000
o 0% Interest rate
o Up to 24-months
Healthy Vendor Fund—$1,500 - $2,500
o Interest rate 7.5%
o Up to 2-years
JEWISH FREE LOAN ASSOCIATION
6505 Wilshire Boulevard, Suite 715
Los Angeles, CA 90048
(323) 761-8830
info@jfla.org
http://www.jfla.org
Service Area: Los Angeles, Ventura, Orange
Startup Funding? Yes, Credit score 700 or
higher
Collateral? Two Co-signers needed.
Loan:
 Small Business Loan—up to $15,000 (No
minimum)
o Interest FREE
o Repayment starts 30-45 days
after the loan is issued.
o
o
ACCION
6505 Wilshire Boulevard, Suite 903
New York, NY 10038
646-760-4183
info@accioneast.org
http://us.accion.org

Service Area: National
Startup Funding? Yes, Credit score 525 or
higher, Must have full or part time job—proof
of income, no bankruptcies or late payments in
the past 12-months
Collateral? No

Loan:


Start-up Business Loan—$1,000 to
$10,000
o Interest rate 10.99%+
o Terms from 6 to 60 months
o Credit score 525+
o No bankruptcies or no late
payments in the past 12months
o Must have a full- or part-time
job and proof of income.
Daycare Business Loan—$500 to
$10,000 for those starting out, Up to
$25,000 for businesses more than 6months of operation
o Interest rate 10.99%+
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Terms from 6 to 60 months
No bankruptcies or no late
payments in the past 12months
o Must have a full- or part-time
job and proof of income.
Business Loans—$2,500 to $25,000 For
existing businesses. Return clients up to
$50,000
o Interest rate 10.99%+
o Terms from 6 to 60 months
o No bankruptcies or no late
payments in the past 12months
Loans for Food and Beverage Small
Businesses—$2,500 to $25,000.
o Interest rate 10.99%+
o Terms from 6 to 60 months
o No bankruptcies or no late
payments in the past 12months
o Access to business coaching
from Samuel Adams employees,
and an invitation to Brewing the
American Dream Speed
Coaching events.
o For business owners in the
food, beverage or hospitality
industries
Grants:(For Profit Businesses.)
Grants.gov—a place to find government grants.
Website: http://www.grants.gov/web/grants/home.html
Local
PACE Los Angeles Business Development Center—Seed Capital up to $1,000. 2 weeks to apply
and qualify. If entrepreneur is qualified for the grant, he or she is enrolled to the Entrepreneur Training
Program.
1055 Wilshire Boulevard, Suite 900-B
Los Angeles, CA 90017
Phone: (213) 353-9400 Email: bdcinfo@pacela.org Website: http://www.pacelabdc.org/
Note: The program is on a testing stage. Client is recommended to call their office and ask them about
the program.
RISE Financial Pathways’s Individual Development Account (IDA)—Up to $2,500. Make a one
or two year commitment to save a $1,000 into an IDA savings account. For every dollar participants
save, they receive a $2.50 in matching funds (matching only on the first $1,000 saved by each
participant), which would give them up to $3,500 at the end of the program year. Can be used to finance
business, buy a house, or go to school.
Website: https://risefinancial.wordpress.com/business-loans/2500-grant/
National
FedEx Small Business Grant Contest—Up to $25,000. For any business that’s been operating at
least 6-months.
Website: http://smallbusinessgrant.fedex.com/Home/FAQ
Mission Main Street Grants by Chase Bank —a $150,000 grants, plus trip Google Campus for
marketing workshop. 100% free money. At least 2-years of business operation and less than 100-yearly
full time employees. Receive at least 250 votes to be eligible.
Website: https://www.missionmainstreetgrants.com/
Note: You can ask your fans, customers, family and friends to vote you for you.
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MillerCoors Urban Entrepreneurs Series—Up to $200,000. Business Plan competition. Startups
are eligible to participate in the program.
Website: https://mltapthefuture.com/
Draper Richards Kaplan Foundation—$300,000. Take a board seat for 3-years. Provide the small
business with counseling and network that the foundation has. The foundation funds organizations that
are 1-3 years old and have willing and potential to scale.
Website: http://www.drkfoundation.org/our-grants.html
Digital Humanities Start-Up Grants— Up to $60,000. small grants to support the planning stages
of innovative projects that promise to benefit the humanities.
Website: http://www.neh.gov/grants/odh/digital-humanities-start-grants
National Association for the Self-Employed (NASE)—up to $4,000, Be a NASE member. Business
Plan and Resume. How money is going to be used.
Website: https://www.nase.org/Membership/Benefits/Growth_Grants.aspx
The Amber Grants for Women—Up to $2,500. For Women only. Every month $500 award is given
out to monthly winner. Additional $2,000 will be granted to one of 12-monthly winners.
Website: https://ambergrantsforwomen.com/get-an-amber-grant/
Small Business Cash Grant from IdeaCafe Grants—$1,000, plus advertising credits. For
Anyone who currently owns a business or is planning to start one.
Website: http://www.businessownersideacafe.com/small_business_grants/index.php
Outside California
Arch Grants—a $50,000 startup grants. 100% free money. Does not take equity. Provides
connections, counseling, and other necessary support. The grantor does not take equity.
Website: http://archgrants.org/competition/faq/
Note: The startup must relocate to St. Louis, MO.
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Community Development Block Grant, City of Sanford, Florida — up to $10,000, 100% free
money. At least 2-years of business operation and f ive or fewer full time employees.
Website: http://www.sanfordfl.gov/index.aspx?page=307
Note: Available only to businesses in the City of Sanford, Seminole County, State of Florida.
Maine Technology Institute (MTI) Seed Grants—up to $25,000. Early-stage R&D projects. The
fund can be used to perform following activities: proof of concept work, prototype development, field
trials, prototype testing, pilot studies, or technology transfer activities.
Industry requirement: Biotechnology, Composites & Advanced Materials, Environmental Technologies,
Forest Products & Agriculture, Information Technology, Marine Technology & Aquaculture, Precision
Manufacturing
Website: http://www.mainetechnology.org/fund/seed-grant
Note: Must be in the State of Maine.
Maine Technology Institute (MTI) TechStart Grant—up to $5,000. The fund can be used to
perform following activities: business plan development, intellectual property filings, market analysis, or
technology transfer activities out of research institutions.
Required—1:1 match consisting of actual cash, salaries, staff time, or equipment directly attributable to
the proposed project.
Industry requirement: Biotechnology, Composites & Advanced Materials, Environmental Technologies,
Forest Products & Agriculture, Information Technology, Marine Technology & Aquaculture, Precision
Manufacturing
Website: http://www.mainetechnology.org/fund/seed-grant
Note: Must be in the State of Maine.
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Cash Advance Program
Square Capital—Generally up to $10,000, but no official maximum amount. Available for Square
Merchants. Cost of the program 10 percent interest. If you got cash advance of $10,000 you pay back
$11,000. Pay-as-you go method—takes away 10% of every credit card sales to pay back the money you
borrowed.
Website: https://squareup.com/capital
PayPal Working Capital—No official maximum amount. Repay with a share of daily sales. For
businesses using PayPal at least 3-months and processed between $20,000 - $10 million for the past 12
months.
Website: https://www.paypal.com/us/webapps/mpp/merchant-working-capital
Sam’s Club-First Data Merchant Cash Advance Program—Must be a member of First Data
Merchant program. Takes the portion of your credit card sales. No limit. Based on processing volume.
Details about the program: http://bit.ly/1xGp3a0
http://bit.ly/1ExKxbH
UPS Capital Cargo Finance—Cash advance against international, in-transit inventory.
Details about the program:
http://www.ups.com/content/us/en/bussol/browse/inventory_financing.html
http://www.ups.com/content/us/en/bussol/browse/cat/supply_chain.html
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Crowd funding
**Funding type: Fixed Funding—All or Nothing. Flexible Funding—take what you’ve raised.
Rewards
KickStarter—Project-focused, creative projects, including technology-related products.
If you want to build a technology-related product, such as iphone gadgets, then Kickstarter might be
good one.
Funding type: Fixed
Website: www.kickstarter.com
Indiegogo—Open to all types of fundraising, including non-profits and personal projects.
Funding type: Fixed and Flexible
Website: https://www.indiegogo.com/
CrowdSupply—Product-oriented with pre-orders and shipping products.
Funding type: Fixed
Website: https://www.crowdsupply.com
FundDreamer— Open to all types of fundraising, including businesses, non-profits and personal
projects. Backers cover your expenses, such as transaction fees. Professional help available—people
who could help launch and run campaign for you.
Funding type: Flexible
Website: https://www.funddreamer.com
Services: https://www.funddreamer.com/pages/our-services
SmallKnot—a platform for investing in local small businesses in exchange for goods, services, special
perks and benefits. No franchises, no big box stores.
Funding type: Flexible and Fixed
Website: http://smallknot.com
Pubslush—a platform for book publishing (books, magazines, screenplays). Can be Crowdfunding or
Pre-orders. Analytics provided.
Funding type: Flexible.
Website: http://pubslush.com
Beacon—a platform for journalists. Backer may donate the campaign as a one-time pledge or on a
subscription based.
Funding type: Fixed
Website: http://www.beaconreader.com
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Plum Alley—a platform for Women Entrepreneurs. Provides a thorough guidance on how to raise
money from its platform. Businesses with specific product that want to test market tend to thrive.
Funding type: Fixed
Website: https://plumalley.co/
Credibles—a platform for local food stores with pre-payment in exchange for future purchases.
Funding type: Prepayment
Website: https://credibles.co
Barnraiser—a platform for sustainable, organic food.
Funding type: Fixed
Website: https://www.barnraiser.us
Quirky—a platform for inventors.
Funding type: Revenue sharing
Website: https://www.quirky.com
Before the Label—a platform for fashion—mostly women.
Funding type: Fixed, Pre-Order
Website: https://beforethelabel.com/
TeeSpring—a platform for T-Shirts merchandise
Funding type: Fixed, BUT if your campaign fails and still sells at least 3-shirts and you make a profit,
TeeSpring will lower your goal, print and ship T-shirts to people and give profits you generated.
Website: http://teespring.com
Equity/Debt
Crowdfunder—a platform for early-stage startups and more mature businesses raising seed stage,
Series-A & Series-B funding. No inception stage companies.
Allowed company types: Tech Startups, Social Enterprises, Small Businesses, and Film & Entertainment.
Not allowed company types: Non-profits, Guns/Firearms, Tobacco/Cigarettes/Cannabis, Pyramid
Marketing, Adult Products & Entertainment, Gambling, Contests and Raffles, Illegal Substances/Drugs
Funding type: Equity, Debt, Convertible Note or Revenue Share.
Website: https://www.crowdfunder.com
Note: Only Accredited Investors are allowed to invest money.
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AngelList—a platform for tech startups.
Funding type: Equity
Website: https://angel.co
Note: Only Accredited Investors are allowed to invest money.
Fundable—a platform for all types of small businesses.
Funding type: Equity, Rewards, Debt and Convertible Debt
Website: http://www.fundable.com
Note: Only Accredited Investors are allowed to participate in Equity-fundraising campaign.
Kiva Zip—a platform for all types of small businesses. Zero Interest rate.
Funding type: Debt
Terms: A single loan up to $5,000, with 6 – 24 months.
Website: https://zip.kiva.org
More info on products: https://zip.kiva.org/faq#
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Online Lending
QuickBooks Financing—From $1,000 to $250,000+. Term Loans, Line of Credit, and Credit Cards.
Matches to appropriate lender.
Website: https://quickbooksfinancing.intuit.com
Staples Business Loans through Lendio—Generally from $5,000 to $250,000. Startup loans
available. From loans to cash advance to equipment financing to lines of credit. Matches to appropriate
lender.
Website: http://www.staples.com/sbd/cre/business-loans/
Details about the products: http://www.lendio.com/loan-types/
OnDeck— Term Loans up to $250,000 and Lines of Credit up to $20,000. Online Lender to Small
Business. Specialized in short-term, working capital loans. Carries their own capital: they directly lend
you money instead of connecting with someone who has money.
Term Loans--$5,000 to $250,000 over 3-24 months
Line of Credit—Up to $20,000 over 6-months
Cost of Capital? Term Loans— 18% to 39%. Line of Credit— 29.99% – 49.00% Plus, $20 monthly
maintenance fee.
Repayment?
 Term Loans--Daily- take your total payback and break it down into fixed daily payments.
 Line of Credit--Weekly
Qualification:
 Term Loans—1+ years in business, 500+ Personal Credit Score, Annual Revenue $100,000+
 Line of Credit—Companies in business at least one year with $200,000 in annual revenue, and at
least one owner with a 600+ personal credit score.
Website: https://www.ondeck.com
Kabbage— From $2,000 to $100,000. Direct Online Lender. Lines of Credit. Cash advance. Paid over
6-months. Focuses on working capital.
Website: https://www.kabbage.com
Cost of Capital? 1% - 13.5% of your selected loan amount the first two months and 1% for each of the
remaining four months
Repayment? Monthly
The Lending Club— Up to $300,000. Connects you to a lender. 1 – 5 year term.
Qualification: 2 years in business, At least $75,000 in annual sales, No recent bankruptcies or tax liens,
You own at least 20% of the business and have at least fair or better personal credit
Website: https://www.kabbage.com
Cost of Capital? 5.9% - 25.9%. Fixed rate.
Repayment? Monthly like traditional bank
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Business Credit
Small Biz Local Buzz—$5,000 Marketing credit for 15 small businesses.
Details about the program: https://sblb.intuit.com/
Dell Innovators Credit Fund—10% of funded credit to purchase equipment from Dell. Designed for
VC and Angel-backed startups that have raised at least $5 million. Given credit up to 10% of funded
amount to purchase equipments from Dell.
Details about the program:
http://eir.dell.com/engage/dell-innovators-credit-fund/
The Dell Preferred Account—a revolving line of credit to finance initial Dell Home and Home
Office purchase as well as add software, peripherals, or even a new system to an account at any
time up to your credit limit.
Details about the program:
Overview: http://dell.to/1CCqhZM
Product Purchasing Info: http://dell.to/1HbGsja
How it Works Chart: http://dell.to/1I67qGI
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Business Assistance Program
FbStart—Mobile Startups mentorship program. Mentorship and a package of tools and services valuing
up to $60,000.
Details about the program: http://fbstart.com/
BizSpark—Mobile Startups assistance program. Free access to Microsoft software and Azure cloud
services for 3 years. Monthly value up to $750.
Qualification: Software startup less than 5-years old, privately-owned, and annual revenue less than $1
million.
Details about the program: http://www.microsoft.com/bizspark/
Long Beach Small Business Development Center—Helps prepare application for SBA 8(a) Business
Development Program.
Website: http://longbeachsbdc.org/
Business Assistance Tools
Startup Financial Planner—a financial planning tool to calculate the true cost of your startup.
Details about the program: http://quickbooks.intuit.com/startup-financial-planner
Created By: Jason Kim, Mentor & Research Assistant
Email: Jasonkim@scorela.org
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