California Strong

Serving California small businesses up and down the coast.
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EDC is one of the largest non-profit business development organizations in California, offering direct micro and small business loans, as well as SBA 7(a) and SBA 504 loans. The organization has over 38 years of experience in providing direct financial assistance, business assistance services, entrepreneurial training, and economic development.

With a variety of loan programs to choose from, VEDC has a product to fit your needs.

Featured Success Stories

A selection of our clients and their incredible impact on the small business community.

Avinash Kapoor Akbar Restaurant

Avinash Kapoor

Akbar, Cuisine of India
Hermosa Beach, CA

Jacqueline Sharp Fort

Jacqueline Sharp

Fort
Los Angeles, CA

Madeleine Fig, Elizabeth J. Figueroa & Company

Elizabeth & Jannina Figueroa

Elizabeth J. Figueroa & Company
Los Angeles, CA

VEDC’s Women’s Business Center Los Angeles

VEDC’s Women’s Business Center (WBC) is a Small Business Administration program operated by VEDC to promote the creation and growth of businesses by women and minority entrepreneurs.

The WBC purpose is to assist entrepreneurs, small business owners, and anyone considering starting or growing their own business with training, consulting and access to business capital. Our doors are open to ALL entrepreneurs regardless of gender, race, or any affiliation.

Call us for more information or to come in for an appointment at 818-907-9922.

microfinance

National Microfinance Fund

VEDC’s National Microfinance Fund was designed to not only support the efforts of microloan organizations in markets VEDC currently serves, but to also improve the economic impact of nonprofit, mission driven lenders across the county.  VEDC recognizes the lack of readily accessible capital of these community micro-lenders and the difficulty in providing the much needed resources for small businesses to thrive in their regions, and has created a program to serve as a national intermediary lender to bring the necessary access to capital to microlenders across the nation.

Lending Parters

Valued partners in the lending community serving small business owners in California.

SBA Community Advantage Loan Program

VEDC is approved by the U.S. Small Business Administration as one of the few community-based, mission-focused lenders to accept and process Community Advantage loan applications from small business borrowers. The SBA Community Advantage program is designed to expand access to lower dollar loans and lending in traditionally underserved communities. The SBA and U.S. Department of Commerce studies have shown the vital impact of small loan amounts to small businesses in promoting economic growth in the most challenged markets.

Community Advantage offers a streamlined application process for SBA-guaranteed 7(a) loans up to $250,000. Advantage loans will come with a SBA 7(a) government guarantee, 85% for loans up to $150,000 and 75% for those greater than $150,000.

News & Updates

Stay current on California small business industry news.

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