Funds are available to support business growth and development for Fresno small businesses. Funding is limited and will be disbursed on a first come first served basis, so start your application today!
About the loans:
- Up to $50,000
- Fixed 0% interest rate
- Up to 5 year terms
- No application fee
- Closing fees: 2% loan fee, due diligence fees, state guaranty fee
- Collateral: business assets & personal guaranty
Loan uses:
- Buy furniture, fixtures, and equipment
- Purchase inventory
- Working capital to cover operating costs
- Refinance high-interest business debt
Eligibility:
- For-profit businesses in Fresno County with a valid business license
- Have been in business and generating revenue as of June 2019
- Employ 50 or fewer FTE employees
- Have annual revenues under $5 million
- Demonstrate at least a 10% reduction in revenues in 2020
- At least 51% owned by a US citizen or permanent resident
- No minimum credit score required to qualify
How we work:
Our application process begins with a conversation. Click the button below to fill out our loan inquiry form, and we’ll contact you to start your application!