California Small Business Loan Guarantee Program Is Better Than an SBA Loan for Non-Profits

California Small Business Loan Guarantee Program Is Better Than an SBA Loan for Non-Profits

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Q: Is it possible for a non-profit organization in California to obtain an SBA loan? I am responsible for overseeing a non-profit program, and we are interested in acquiring a property, but we require financial assistance. Are there any specific programs you can suggest?

Maria

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Timestamps:
(00:01) - Maria's query about non-profit organizations in California obtaining an SBA loan.
(00:20) - Non-profits don't qualify for SBA financing directly but they can potentially qualify if they have a for-profit division under a different entity.
(00:34) - The benefits of state-guaranteed programs in California.
(01:20) - Explore the options for the non-profit's financial needs, including whether they have a for-profit division involved in acquiring a new property.

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#SmallBusinessLoanGuaranteeProgram #SBALoan #NonprofitOrganization

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