As small businesses are planning beyond COVID-19, the SBA 504 Debt Refinance program serves as a great tool to reduce costs, pull cash out for future expenses and fixed interest rates to manage long-term expenses. The SBA 504 Debt Refinance program is a public-private partnership that allows small businesses to refinance existing conventional loans, hard…

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On Friday, March 27, 2020, Congress acted and President Trump signed the historic $2 Trillion economic stimulus package with critical provisions to help small businesses impacted by the COVID-19 outbreak titled the Coronavirus Aid, Relief, and Economic Security (CARES) Act. There are three areas in the bill that have vital support for small businesses: Debt…

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We are so excited to celebrate the fact that AmPac Board Member, Omar Morel was selected as American Business Bank Volunteer of the year for the time he serves AmPac on its board and loan committee.  Omar serves as Senior SBA Business Development Officer and has been instrumental in helping AmPac to achieve some major…

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Expanding Its Services As Champions of Job Makers – Small Businesses August 3, 2017 — AmPac Tri-State CDC, Inc. (AmPac) received notification from the Department of Treasury that the  Community Development Financial Institutions Fund (CDFI) has certified AmPac Tri-State CDC, Inc. as a CDFI, a designation earned by mission-driven financial institutions dedicated to providing financial…

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Non-Bank Lender and AmPac CDC Team Up to Make a $375,000 Dream Come True NonBank Lender, a Stonebriar Commercial Finance company, provides $375 thousand commercial real estate construction loan helping small business to move into first office by providing purchase and buildout financing in Southern California. NonBank Lender (“NBL”) has provided construction financing of 1,898-square…

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Consider Your Options A Close Look at the Pros and Cons of Capital Programs Offered In this age of technology, access to capital can come fast and easy. Some advertisers promise no down payment, no application fee, no financial statements, no credit check and they will have your $250,000 for working capital within 72 hours.…

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By Eugene E. Valdez The business coaching & consultants of the world like to use the term “KPIs” in their interaction with clients. KPI is an abbreviation for “Key Performance Indicators” which are essentially important business numbers and ratios that entrepreneurs should track. The basic premise of KPIs is the business mantra, “what you measure,…

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