Professional Practice Financing

Helping Physicians, Dentists, Veterinarians, Pharmacists, CPAs, Architects, and more! VEDC offers financing solutions to businesses unable to secure traditional bank loans. With flexible interest rates, terms up to 7 years, and no pre-payment penalty, VEDC’s Professional Practice financing is perfect for growing small businesses.

Fund Uses

Business acquisition, expansion, equipment, furniture, and fixtures, working capital, inventory, owner occupied commercial real estate, tenant improvements, refinancing of existing debt

Amounts available in increments from $50k – $500k
Repayment terms will vary based on loan purpose
Term ranges from 12-84 months

Variable interest rate starting as low as 8%
$250.00 packaging fee, 2-3% origination plus actual out-of-pocket costs

Manufacturing Loan Program

Supporting manufacturers across the state of California. VEDC offers financing solutions to businesses unable to secure traditional bank loans. With flexible interest rates, terms up to 7 years, and no pre-payment penalty, VEDC’s financing is perfect for growing small manufacturing businesses.

Fund Uses

Business acquisition, expansion, working capital, inventory, equipment, furniture, and fixtures, owner occupied commercial real estate, tenant improvements, refinancing of existing debt

Amounts available in increments from $50k – $500k
Repayment terms will vary based on loan purpose
Term ranges from 12-60 months

Variable interest rate starting as low as 8%
$250.00 packaging fee, 2-3% origination plus actual out-of-pocket costs

SBA Community Advantage Loans

SBA-guaranteed loans for small business growth and development. Get access to federal capital provided through your local CDFI lender, with options for startups, longer-term repayment schedules, and free educational resources provided by local training partners.

Fund Uses

Start-ups, business acquisition, franchises, expansions, working capital, inventory, equipment, furniture, and fixtures, owner occupied commercial real estate, tenant improvements, refinancing of existing debt

Amounts available in increments from $50k – $250k
Repayment terms will vary based on purpose
Range from 12-120 months
Up to 6-month interest-only phase

For loans ranging from $25,000-$50,000:
No packaging fee, 3% origination

For loans ranging from $125,000-$500,000:
$250.00 packaging fee, 2-3% origination plus actual out-of-pocket costs

VEDC Loan Programs

How to Apply

Applying for loan capital is easy. VEDC automatically searches hundreds of available state and federal lending programs to find the perfect fit for your and your business. Apply today for smart and simple CDFI financing solutions.

Apply Now