Tired of Hearing “No”?
The organization provides loans and micro-financing options to small businesses, particularly those owned by women and minorities, that don’t qualify for traditional bank financing.
With offices throughout California, Nevada, Utah, Chicago, Miami and the New York Tri-State area, VEDC is ready to facilitate your small business financing needs.
A Little History
What We Offer
UBS Business Opportunity Funds
The Business Opportunity Funds are part of UBS’s Elevating Entrepreneurs (“EE”) program, which provides mentoring and educational opportunities in addition to access to capital to high-potential entrepreneurs poised to expand their companies. EE is a joint undertaking of UBS Community Affairs Americas and UBS Bank USA, with program offerings in Chicago, Los Angeles, Las Vegas, New York and Salt Lake City.
Goldman Sachs 10,000 Small Businesses
Loans are available from $50,000 to $400,000. The funds can be used to cover working capital, purchase equipment and inventory, buy another business, make tenant improvements, finance real-estate and engage in business related construction. However, Real Estate investment or development projects are ineligible.
National Microfinance Network
SBA Community Advantage Loan Program
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.
Access to Capital Workshops
National African-American Small Business Loan Fund
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