Small Business Helps + AmPac News
Local Mission Based Lender Gets a New Name & Maintains the Same Core Values AMPAC BUSINESS CAPITAL
APRIL 9, 2019 – GRAND TERRACE, CA Since 2007, AmPac has made an Impact: Provided almost $500,000,000 in Capital to businesses for buying their business building with the SBA 504 loan program Helped businesses with Capital to create more than 2,000 jobs Intentionally provided Capital to businesses within underserved communities…
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El Atacor Restaurant
Feeding the Dream and the Community Entrepreneurs have seen their business dreams crushed and many have closed their business doors permanently due to COVID-19. A report by Stanford Institute for Economic Policy Research indicates the number of active business owners in the United States plummeted by 3.3 million or 22…
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Acra Industries, Inc.
Acra Industries, Inc. Needed Financing to Expand Dharmesh David Patel has been well-versed in the mechanical engineering industry for as long as he can remember. After starting Acra Industries and expanding it into a metal fabrication business in 2006, David and his wife found themselves to be truly living the…
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SBA 504 Debt Refinance: A Plan for Recovery Post-COVID-19
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…
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2020 CARES Act For You and Your Business
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…
Read MoreOmar Morel is 2019 American Business Bank Volunteer of the Year
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…
Read MoreAmPac Tri-State CDC, Inc. Becomes the Inland Empire’s Only Headquartered CDFI
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…
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Lenders Receive Update from SBA’s Top Access to Capital Executive at SBA Lender Forum
Orange County / Inland Empire Top SBA Lenders Recognized SANTA ANA, Calif. – Lenders from across Southern California participated in the SBA Orange County / Inland Empire (OCIE) District Office’s Lender Forum hosted by the Orange County / Inland Empire Regional SBDC and held at the Santa Ana DoubleTree by…
Read MoreBig or Small – We are Champion of Them All!
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…
Read MoreBefore You Take the Aspirin, (Business Loan) Figure Out What Is Causing The Headache, (Poor Cash Flow)
By Eugene Valdez AKA The Loan Doctor Many of my clients hire me because they are suffering from “poor cash flow” and they think the solution is a business loan. There is a reason I call myself The Loan Doctor. My approach in serving clients is analogous to what a…
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