PACE is a non-profit organization with over 25 years of experience providing affordable loans to entrepreneurs and business owners.

PACE originates small business loans to businesses throughout Los Angeles. Its small business lending arm, PACE Finance Corporation (PFC), is a certified Community Development Financial Institution (CDFI) by the U.S. Department of the Treasury, supporting small business owners with the goal of creating and sustaining jobs and businesses in low-to-moderate income communities by providing high-quality economic development services.

PFC’s mission is to promote business growth and economic expansion by providing financing, business consultation, and technical assistance. PFC focuses on lending to businesses in underserved areas across Southern California, including Los Angeles County. As a designated SBA Community Advantage Small Business Loan Company (CA SBLC), PFC facilitates SBA-guaranteed loans. PFC offers microloans ranging from $5,000 to $50,000, as well as small business loans from $50,000 up to $500,000, with fair and flexible terms that can be used for a wide variety of business needs, including equipment purchases, working capital, and acquisitions.

In addition to direct lending, PACE offers assistance in loan packaging and submitting applications to various financial institutions for funding. PACE’s experienced Loan Officers are trained to help clients navigate through different financing programs, ensuring they find the right fit and are fully prepared for the application process. We aim to educate our clients about all lending requirements and qualification criteria, empowering them to make informed decisions.

As a designated SBA Community Advantage Lender, PACE is known for funding businesses that have been turned down by traditional financial institutions. Headquartered in Downtown Los Angeles, PACE has over 25 years of experience in providing SBA business loans, direct financial assistance, consultation services, and entrepreneurial training to individuals and businesses.

“There is a lot of misinformation and myths about loans and financing…PACE helps tell the REAL story, gives you accurate information about your financing options, and works with you as an individual to figure out what kind of financing YOU can get.” – Chrysta Wilson, Kiss My Bundt

A good place to start learning about how to qualify for a business loan and assess your readiness is by attending one of our Access to Capital Workshops. Each month, we offer a seminar that sheds light on how to qualify for a business loan and how lenders make decisions based on credit analysis. These workshops emphasize the importance of sound financial management as the primary means to demonstrate creditworthiness.

Approved to offer SBA loan products under SBA’s Microloan programs.

Funded in part through a Cooperative Agreement with the U.S. Small Business Administration.

SMALL BUSINESS LOANS FROM $5,000 TO $500,000

PACE puts business capital within your reach. With competitive interest rates and no fee to apply, there’s never been a better time to get a small business loan. Learn more about our current loan programs, click here.

NOT READY FOR A LOAN, BUT NEED FINANCIAL ADVICE?

Looking to learn more about building good financial habits and business management techniques? PACE can also help. Our knowledgeable business counselors and workshops make it easy to find solutions for your business.

Questions? Call (213) 353-9400 to get more information.