Local Micro Loans Available
City of Riverside
Through the generous efforts of the city of Riverside and AmPac Tri-State CDC, the Riverside Micro-Loan Program is available to service small business owners in the City of Riverside. A reflection of the city’s “Business First” Philosophy, this program is designed to help build, maintain, and ensure the success of local business owners in Riverside, CA.
Loan Range
$5,000 - $10,000
Interest Rate
Rates tied to WSJ Prime plus up to four points, depending on credit and repayment ability. Rates will be fixed for the term of the loan.
Term
One to five-year term
Application Fee
$100 application fee and $25 credit check (per guarantor)
City of Apple Valley
Through the generous efforts of the Town of Apple Valley and AmPac Tri-State CDC, the Apple Valley Apple Seed Loan program is available to serve small business owners in the Town of Apple Valley. A reflection of the Town’s “Business First” Philosophy, this program is designed to help build, maintain, and ensure the success of local business owners in Apple Valley, California.
Loan Range
Min. of $10,000 (additional loan programs are available for larger loan amounts)
Interest Rate
Interest rates will be tied to WSJ Prime plus up to four points, depending on credit and repayment ability. Rates will be fixed for the term of the loan.
Term
Five-year term
Application Fees
A $100 application fee, along with a $25 credit check fee (per guarantor).
Ready to get started?
Call us at (909) 915-1706 or apply now to take advantage of our low, low rates!