AmPac Micro Loan Program

Small business needs for loans $5,000 to $150,000

AmPac is Seeking to Turn Your Loan No’s Into a YES

AmPac provides support for small businesses seeking to scale in the Inland Empire. Businesses with a strong business plan for pivoting in the pandemic, two years of business history, business financial statements that are showing positive trends are great candidates for the AmPac Micro Loan Program.

The AmPac Micro Loan is ideal for:

Working capital

Furniture/fixtures

Purchase of inventory

Raw materials

Supplies

Machinery/equipment

Working capital

Furniture/fixtures

Purchase of inventory

Raw materials

Supplies

Machinery/equipment

Loan Amounts: Each application will be considered on the basis of the company’s unique financial needs. Loan amounts range from $5,000 - $150,000.

$5,000–$150,000 to qualified start-up, newly established, or growing small businesses

Interest rates average between 4.5 and 13 percent

Up to 7 years term

3–5% of loan fees

AmPac Micro Loans are most useful to businesses with smaller needs for capital

Interest rates and terms depend on the funding source, borrower, credit, and overall business strength.

COLLATERAL/SECURITY

Collateral (or security) will be determined on a case-by-case basis. Potential borrowers should know that the SBA requires sufficient collateral to secure each loan. If assets are purchased, a first lien will be fixed. In all loans, the personal guarantees of the principal owners of the small business concern will be required.

TECHNICAL ASSISTANCE

Technical assistance is available to clients who participate in the AmPac Micro Loan Program during the life of the loan. The assistance is designed to help micro-entrepreneurs obtain additional tools needed to operate their business successfully. MicroLoan borrowers will be
required to complete a free business training session conducted by the lender.

Investment Partners

Citizens Business Bank Logo
Pacific Western Bank Logo
U.S. Small Business Administration
CDFI U.S. Department of Treasury Logo

Ready to get started?

Like any loan, an AmPac Micro Loan involves forms and documentation. Call us at (909) 915-1706 or apply now to take advantage of our low, low rates!