Loan Amount: Loans starts as low as $500 and up to $15,000 for start-ups and up to $50,000 for existing businesses
Microloans are typically used for equipment and machinery, inventory and furniture, startup costs, working capital, and high-interest loan re-financing. Term is three years.
Small Business Loans
Loan Amount: $50,000 – $250,000
Small Business Loans are typically used for business expansion or acquisition, real estate acquisition, and new renovation and construction. Term is eight years.
If you are thinking about getting financing for your business, or simply want to know how to get started, we encourage you to contact us today!
Call 213-353-9400 or click HERE to have a counselor contact you!
PACE is a Small Business Administration Intermediary Microlender.