Access to Capital

Tips on finding funding and avoiding predatory lending during COVID-19

With state-mandated lockdowns and business closures, small business owners across the country are struggling to pay employees, rent, overhead costs and more. Now more than ever, it is important to be wary of predatory lenders as you seek out capital to keep your business afloat. Our guide to avoiding predatory lending includes guidelines for applying for PPP and EIDL, a checklist to determine if a loan is predatory and an outline of the Small Business Borrowers' Bill of Rights.

This document has been translated into Chinese, Vietnamese, Korean, Burmese, Khmer, Hmong, Bangladeshi, Nepali, Bhutanese, Hindi, Urdu, Punjabi, Thai, Lao, Tagalog, Samoan, Tongan and Marshallese in partnership with the National Coalition for Asian Pacific Americans Community Development with a grant from the Ewing Marion Kauffman Foundation.

The Five Main Credit Scoring Factors

Your credit score is an important part of your loan application. But it takes more than on-time payments to build a good credit score. Five factors help explain how credit agencies evaluate the information in your credit reports when calculating your personal credit score. The better your score on each of these factors, the higher your overall credit score. These five main factors include:

Eradicating Poverty in Los Angeles through Entrepreneurship Webinar Series

Have you ever considered entrepreneurship as a way to control your time and your income stream? Do you have a side hustle that you wish you could make your full-time job?

Business ownership can help people become financially independent, support job growth and strengthen local economies. But, ending systemic wealth inequality is not a simple task. Building wealth from within our communities for generations requires resources and education in financial literacy, access to safe capital and much more.

Hispanic Heritage Month: Grant funding for Latino and Hispanic small businesses

Latino and Hispanic entrepreneurs are starting small businesses at a faster rate than other groups, accounting for 44% of growth rate in the past decade. However, disparities in access to capital remain, particularly how Latino-owned businesses have been able to raise capital during the pandemic. This is why access to grant funding is critical to help them start, maintain, and grow their businesses. We have compiled a list of grant opportunities available to Latino and Hispanic businesses in celebration of National Hispanic Heritage Month, which spans from September 15 to October 15.

Mes de la Herencia Hispana: Becas para los empresarios hispanos y latinos

Los empresarios latinos e hispanos están iniciando pequeñas empresas a un ritmo más rápido que otros grupos, lo que representa el 44% de la tasa de crecimiento en la última década. Sin embargo, persisten las disparidades en el acceso al capital, particularmente cómo las empresas propiedad de latinos han podido recaudar capital durante la pandemia. Esta es la razón por la cual el acceso a fondos de becas y subvenciones es fundamental para ayudarlos a iniciar, mantener y hacer crecer sus negocios.

El ABC para Emprender: Escoja su estructura comercial

Nuestra serie El ABC para Emprender cubre temas básicos e importantes para los empresarios. En esta entrevista con Karla Gonzalez, consultora de negocios del Centro de Desarrollo de Pequeñas Empresas (SBDC por sus siglas en inglés) en Inland Empire, ella discute las diferentes estructuras comerciales disponibles para los propietarios de pequeñas empresas. 

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