Announcing 4% Interest Loans for Oakland Businesses

Take advantage of this exclusive opportunity for town businesses! For a limited time, we’re offering a special low-interest loan program to foster business growth and development in Oakland.

Deadline to apply: Friday, May 31st, 2024.

What you need to know about this loan program:

  • Amount: Up to $50,000
  • Interest Rate: Fixed at 4%
  • Terms: Flexible, with up to 5 years to repay
  • No Application Fee
  • Zero Upfront Costs: Closing fees can be covered with loan proceeds
  • Closing Fees: 2% loan fee, state guaranty fee, due diligence fees
  • Collateral: Business assets & personal guaranty accepted

 

Use the loan to:

  • Invest in furniture, fixtures, and equipment
  • Purchase inventory to boost your offerings
  • Secure working capital for day-to-day operations
  • Cover startup expenses to launch your venture
  • Refinance high-interest business debt for better cash flow and financial stability

 

Eligibility requirements:

  • New or existing for-profit business with a valid Oakland business license
  • At least 51% owned by a US citizen or permanent resident
  • No minimum credit score – we focus on your potential, not just your credit history

 

Don’t miss this opportunity to elevate and achieve your business goals.
Apply now and get the support you need to thrive!

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!