VEDC (Valley Economic Development Center) is the largest community development financial
institution in the Los Angeles area, originating $30 million in direct and guaranteed lending
annually. VEDC administers several direct loan programs through its state licensed lender and
certified development financial institution, the Los Angeles Business Development Corporation
(LABDC), and provides packaging services to businesses for various loan programs.
VEDC’s Microloan Programs provide financing to start-up, existing & home-based businesses.
VEDC can help with the best loan program to meet your needs.
Available in Los Angeles, Orange, Ventura, San Bernardino Counties and Inland Empire.
Loan Amounts$1,000 to $50,000
Interest Rates9.75% to 10.5%
Loan Termsup to 5 years
Use of Funds
The loan can be used towards storefront improvements, machinery & equipment purchasing,
working capital, inventory, relocation and business acquisition.
More information: Microloan Programs
*In order for VEDC to quickly determine your eligibility for the Microloan Programs, your
application starts with a prescreening and credit report. If you wish not to proceed with
the credit report, please call 1-800-304-1755 or 818-907-9977 and ask to speak to the
Microloan department. Thank you.
VEDC's Microloan Programs include the:
SBA Microloan, ACCION USA Microloan, SoCal Microloan, Pacoima Microloan and Women’s Business Microloan.