Need a small business loan? The AABA is marketing a new loan program in conjunction with the City of San Diego, CDC Small Business Finance Corporation and HUD. The San Diego Small Business Collaborative Loan program is available to businesses in (or in close proximity to) the Adams Avenue business corridor. 50,000-$300,000 loan amounts with 5% fixed interest, up to 10yr amortization and no prepayment penalty. Obtain working capital for job retention or creation, capital equipment or business expansion and other uses. Available to start-up ventures. Easy one-page application to start the process. Call the AABA or email Ray Hivoral, program loan officer at [email protected] for more info.
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