AmPac News & Press Releases
Stay up to date with official announcements, media coverage, and stories showcasing our community impact. From strategic partnerships and program launches to milestones and small business success stories, this is your go-to source for how AmPac is expanding access to capital and empowering entrepreneurs nationwide.
Stay up to date with AmPac News
Federal Reserve Raises Interest Rates Again; SBA 504 Loan a Wise Choice
On Wednesday, July 26, 2023, the Federal Reserve increased interest rates once again, making the prime interest rate 8.50%, the highest it has been in 22 years, as noted by CNBC News. How is the prime rate defined? The prime rate is defined by The Wall Street Journal...
Hilda Kennedy Interviewed in Site Selection Magazine
Read the section below by Hilda Kennedy from the article 'How the Good Life Found An Affordable Home in Southern California'. The Small Business Investor Hilda Kennedy is the founder of AmPac Business Capital in Ontario. AmPac was established in 2005 as a non-profit...
“A Passion for Christ” Podcast–Interview with Hilda Kennedy
Listen to "A Passion for Christ" interview with Hilda Kennedy, President, AmPac Business Capital. You can also find this podcast on 99.5 KKLA's "A Passion for Christ" Podcast here: https://kkla.com/podcast/episode/1369/a-passion-for-christ-10-08-22
Support for Small Business Recovery in Inland Empire
AmPac and Caravanserai Receive Nearly $2M from Wells Fargo Open For Business Fund to Support Small Business Recovery in Inland Empire Funds will provide capital and technical assistance to bolster diverse small businesses and nonprofits impacted by COVID-19 San...
AmPac’s Up and Coming Cal Cap Truck Financing Program
Western States Trucking Association | AmPac Truck Financing Webinar Introduction of AmPac’s Up and Coming Cal Cap Truck Financing Program On April 19, 2021, AmPac Business Capital partnered up with the Western States Trucking Association to present an opportunity to...
AmPac Joins Morning Brew in the City of San Bernardino
AmPac Business Capital Joins Morning Brew with Mayor John Valdivia In this edition of MORNING BREW WITH MAYOR JOHN VALDIVIA, the City of San Berndino's mayor updates the community on AmPac Business Capital for the city. Hilda Kennedy, President, and Leroy Onishi of...
BUSINESS SENSE BOOTCAMP SESSION 3
Business $ense BootcampSession 3: Know Your Numbers Know Your Numbers - The final meeting of the series will join together two power leaders in the area of wealth creation by understanding your financial statement. It is imperative to understand how to access to...
BUSINESS SENSE BOOTCAMP SESSION 2
Business $ense BootcampSession 2: Increase Your Profits June 23, 2021 - This program explores the cost of doing business in your industry, including methods of delivery of your product, accepting payments for services, and maximizing the usage of the internet to...
BUSINESS SENSE BOOTCAMP SESSION 1
Business $ense BootcampSession 1: Find Your Customer June 16, 2021 - This program explores the key factors of consideration when developing a marketing strategy for your small business. Answers to questions such as, what are the best social media channels,...
Hilda Kennedy Named 2021 Woman Business Owner of the Year by NAWBO California
CALIFORNIA — Over 260 leaders, supporters and women business owners representing 11 chapters from across the state gathered virtually for the National Association of Women Business Owners, California (NAWBO-CA) annual statewide Propel 2021 conference. Held on April...
AmPac President Pushed for Extended PPP Deadline as Witness at House Committee on Small Business Hearing
Hilda Kennedy was recently quoted after testifying before a congressional committee that Congress needs to extend the Paycheck Protection Program (PPP) application deadline by at least 60 days due to urgent challenges small businesses, CPA advisers, and lenders are...
California Relief Grant Webinars
Learn About the California Relief Grant and Be Ready to Apply AmPac Business Capital is a partner for the California Small Business COVID-19 Relief Grant Program. Listed below are small business advocates ready to educate you about the state's new $500 million small...
AmPac President Testifies before the Hoover Commission
Hearing on Public-Private Partnerships in the State's Response to the Pandemic Recession (Part 1) On September 10, 2020, we completed the first of two virtual public hearings on the role of public-private partnerships in California’s response to the pandemic-induced...
AmPac Business Capital Secures $500,000 to Help Businesses Survive and Thrive During Pandemic
AmPac Helps Small Businesses During Pandemic COVID-19 has sent the small business community and the economy into a tailspin. For many, it’s a matter of getting creative and securing loans to survive the effects of the pandemic and stay in business. AmPac Business...
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...
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...
Omar 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...
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...
AmPac 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...
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...
Big 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...
Before 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...
Fast Cash for Your Business?
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...
Manage Your Gap and Reap the Benefits!
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...
Why SBA 504?
"At Business Loan Capital, we are strong supporters of the SBA 504 Loan Program because we believe it provides the most stable loan structure to small businesses. With the fixed rate debenture and high LTV, small businesses can plan for the future and preserve capital...
Fast Facts About SBA 504 Debt Refinance Program
Tools to Gear Up for Refinance Hard Money and Conventional Loans with Low-cost SBA Financing Congress adopted the Omnibus Bill at the end of December with great news for business owners seeking to restructure eligible debt to help improve their cash flow, which in...
Hilda Kennedy, 2016 Congressional Women of the Year Award
Rep. Chu to Host 7th Annual Congressional Women of the Year Awards Ceremony WASHINGTON, DC – Today, Rep. Judy Chu (CA-27) announced the names of 14 women from across the San Gabriel Valley who will receive the Congressional Women of the Year Award. The award, now in...
AmPac Partners with OneWest Bank to Provide Microloans for Growing Businesses
AmPac obtained funds from OneWest Bank to support its Healthy Food Loan Program launched in Los Angeles County. The program is made possible by the California Freshworks initiative and Capital Impact Partners and seeks to serve Los Angeles County communities that do...
When Is Debt Good for Business?
Want to make a small business owner cringe? Try uttering the word "debt" around them. That's because debt has become widely associated with negativity and out of control spending. But debt isn't always a red flag in business. In fact, it can actually be good for a...