VEDC’s groundbreaking African-American Small Business Loan Fund has rolled out to Chicago, Los Angeles, and New York Tri-State area small businesses with enormous interest and success.
Since first announced, a total of 15 loans have closed deploying over $1.25 million to African American small business owners and 30 more loans in process totaling nearly $4.5 million. Of these businesses, 36% of the owners who receive capital through this program are women, a landmark number that purports the significance of this fund in African American communities and across the United States.
VEDC and our partners in Chicago, New York, and Los Angeles are proud to play a major role in the drive to build small businesses with the best and brightest entrepreneurs.
If you’re interested in applying for the African-American Small Business Loan Fund, follow the links above to pre-qualify and our team will reach out to you!
I am really looking for help with starting my own business. I would really like to know how you can help
Hi Bennie, thanks for reaching out! We’ll send you an email and figure out how we can help. -Matt
Great article! Thanks for sharing with us.
I am looking for help with starting my own business and getting working capital.
Hi Aaron, I’ve reached out to you by email to ask some questions and better understand how we can help. Looking forward to helping! -Matt
I am looking for help to fund a small business. Can we touch base?
Hi Jacqueline! We’d love to speak with you. Call our Women’s Business Center between 9AM and 5:00PM, and our team members will help you get started: 1-818-907-9922.
Hello! I am looking for funding for a restaurant business in the Dallas area, I see at this time you are only in LA, NY, and Chicago area. Do you know of any place in the Dallas area that I could speak with? Thank you
Hi Erika, please check out Microloan.org and the list of lending and CDFI partners we have across the country. Our local partners near you can help your business!
Hello my name is Laquinta Clark I am from Jackson MS. I’m looking to start my own business and wanted to know how you could help.
Hi Laquinta, thanks for your interest. While VEDC only operates in California, New York, and Chicago, we have partners all across the US who can help. Please visit Microloan.org to find a local CDFI or small business partner near you. Thanks!