Financing Your Business

Financing Your Business

Many growing businesses and start up companies lack the capital to expand and succeed in the local business market. The following loan programs can help inject the necessary capital into your company to strengthen your chances for success.


Small Business & Export Financing Options
*NEW* Riverside Micro Loan Program

The Riverside Micro Loan program is available to assist local small business owners with developing, maintaining, and growing lucrative businesses. Developed through a collaborative partnership between the City of Riverside and AmPac TriState CDC, this program is a reflection of the City’s Business First philosophy and exemplifies Riverside’s efforts to help businesses thrive and create local jobs.

The Riverside Micro Loan is available to small business owners in the City of Riverside who are seeking micro-growth capital for expansion, relocation costs, major purchases and other business needs. The Micro Loans range from $5,000 to $10,000 with interest rates fixed for up to 36 months. To qualify, the business must have existed for at least 6 months in the City of Riverside, project profitability, and have a worthy credit history. To download a copy of the Micro Loan flyer, click here.

U.S. Small Business Administration (SBA)

Santa Ana District Office
200 W Santa Ana Blvd. Suite 700
Santa Ana, CA 92701
In Spanish at
Contact: Stephen Leung, Lender Relations Specialist

 • 7(a) Loan Program

The 7(a) Loan Program is the SBA’s primary business loan program. It is the largest of the agency’s non-disaster financial assistance programs due to its loan size, allowable uses, and funding availability. This program has broad eligibility requirements and credit criteria to accommodate a wide range of financing needs. To qualify for the SBA guaranty, a small business must meet the lender’s criteria and the 7(a) requirements. In addition, the lender must certify that it would not provide this loan under the proposed terms and conditions unless it can obtain the SBA guaranty. If the SBA agrees to provide a lender with a guaranty, the loan must be eligible, creditworthy and structured under conditions acceptable to the SBA.

CDC/504 Program

The 504 Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. Proceeds from 504 loans must be used for fixed asset projects such as: purchasing land and improvements, including existing buildings, grading, street improvements, utilities, parking lots and landscaping; construction of new facilities, or modernizing, renovating or converting existing facilities; or purchasing long-term machinery and equipment. The 504 Program cannot be used for working capital or inventory, consolidating or repaying debt, or refinancing.

Micro Loan Program

The Micro Loan Program provides small loans ranging from under $500 to $35,000. Under this program, the SBA makes funds available to nonprofit intermediaries that, in turn, make the loans directly to entrepreneurs. Proceeds can be used for typical business purposes such as working capital, machinery and equipment, inventory and leasehold improvements. Interest rates are negotiated between the borrower and the intermediary. • Export Working Capital Program (EWCP)

The Export Working Capital Program through the SBA assists lenders in responding to the needs of exporters seeking short-term export working capital. This program assists U.S. exporters in securing loans that facilitate the export of goods or services.  The EWCP supports single transactions or revolving credit lines. The maximum dollar amount of an export line of credit under this programs $1.6 million with a 90 percent guaranty. The maximum amount can be increased to $2 million through co-guarantee between the SBA and the Ex-Im Bank. Loan maturities are generally for a term of 12 months. The guaranty can be reissued for an additional 12 months through an abbreviated application process.

International Trade Loan Program

The International Trade Loan program helps small businesses engaging in international trade as well as small businesses adversely affected by competition from imports. This program combines a guarantee for short-term export working capital with a regular term loan. Loans for facilities and equipment can have maturities of up to 25 years and the guarantee fee and interest rate is the same as for any standard 7(a) loans. Loans for the export working capital portion of the transaction are generally for a term of 12 months, and the Borrower negotiates the interest rate and all other fees with the lender. The guaranty fee that the SBA charges is the same as the EWCP for a loan of 12 months.

Export Express Program

Export Express is the simplest export loan program offered by the SBA. Export Express provides flexibility for both the borrowers and the lenders as lenders can use their own forms and procedures for the loan process and borrowers will receive an answer within 36 hours from SBA. Export Express provides financing up to $500,000 in the form of a term loan or a line of credit to be used in enhancing a company’s development in exports.

CDC Small Business Finance Corporation

1650 Iowa Ave, #150
Riverside, CA 92507
Contact: Susan Lamping, Loan Expert

CDC Small Business Finance offers up to $35,000 in financing under the SBA Micro Loan Program to new and existing businesses in Riverside and San Bernardino counties. Borrowers are evaluated in the areas of credit, historical cash flow, experience in the industry, and viability of their business plan for new businesses. The SBA Micro Loan Program targets businesses that are owned by women and minorities, and businesses located in low to moderate income areas which demonstrate the capacity to service the requested loan debt from historical earnings or projected revenues.


22365 Barton Road, Suite 210
Grand Terrace, CA 92313
Contact: Hilda Kennedy, President

AmPac Tri State CDC is a certified lender for the U.S. Small Business Administration’s 504 loan program that seeks to finance the growth of new and expanding businesses throughout the State of California. AmPac is a member of the National Association of Development Companies (NADCO); its board and membership consists of financing specialists experienced in assisting companies with investing in new ideas and cutting edge innovation.  AmPac is committed to advocating for businesses seeking to utilize SBA resources and will walk hand-in-hand with businesses throughout the lending process.

Southern California Reinvestment CDFI

1650 Iowa Ave, #150
Riverside, CA 92507
Contact: Stacy Sanchez, Executive Director

Southern California Reinvestment CDFI offers commercial development loans up to $200,000 in Riverside, Orange and San Bernardino Counties. This program is targeted for businesses over one year old that demonstrate professionalism, satisfactory credit and positive cash flow trends but may not qualify for conventional bank loans.

ACCION USA Small Business Loans

404 Euclid Avenue, Suite 271
San Diego, CA 92114
Contact: Iliana Farias, Customer Service Representative

ACCION USA is a national, non-profit, community development organization whose mission is to improve the lives of low and moderate income individuals in the United States by providing credit and other financial services. ACCION USA is a member of the largest micro lending network in the United States, which has lent approximately $150 million to more than 15,000 entrepreneurs since 1991. ACCION USA offers loans from $500 to $25,000 with an easy online application, accommodating eligibility criteria, personal service and prompt decisions.

Industrial Development & Recycling Market Financing Options

County of Riverside Economic Development Agency (EDA)

3403 10th Street, Suite 500
Riverside, CA 92501
Contact: Rob Moran, Economic Development Manager

 • Tax-Exempt Industrial Development Bond

The EDA provides tax-exempt Industrial Development Bond (IDB) financing to manufacturing businesses.  IDBs allow private sector companies to borrow at below-market interest rates and are relatively simple to apply and qualify for.  The annualized cost for most borrowers is 2-% – 30% below conventional financing alternatives.

• Recycling Market Development Zone Loans

The California Integrated Waste Management Board offers a low-interest revolving loan fund to provide direct loans to businesses that use post-consumer or secondary waste materials to manufacture new products.  The loan proceeds available may be used for up to 75% of the project cost with a maximum loan amount of $2 million. Interest rates are fixed for the term of the loan and are set by the Board of Supervisors semi-annually.