Small Business Funding

Small Business Funding Resources

As ABA members and partners, several organizations provide loans and other forms of funding to support qualified small businesses.


Mabuhay Alliance

Unlike present micro-lending programs, Mabuhay Alliance does not include subprime lending rates and minimizes late fees and penalties. The fees are minimized in a large measure by upfront and ongoing technical assistance. Their microloans start from $500 to $25,000.  

Contact information:

Accion San Diego

Accion provides loans and business support to microentrepreneurs. Quick Loans ($300 to $2,000) have a 48 hour turn-around time. Business loans ($2,001 to $35,000) are financed within two weeks. Accion also offers credit reporting and free counseling; publicity and networking opportunities; and fixed interest from 12% to 18% APR. 

Contact information:
Phone: 619-685-1380


504 Business Loan

When a conventional business loan is not possible, a 504 business loan may be the answer. The SBA's 504 Loan Program gives small business owners access to the same low-cost, fixed-rate, long-term financing large businesses have through bond markets. Other borrower advantages include: lower down payment; below-market, fixed-rate financing; and a longer repayment term.

To be eligible, a business must be operated for profit and fall within the size standards set by the SBA. Under the 504 Program, the business qualifies as small if it does not have a tangible net worth in excess of $7.5 million and does not have an average net income in excess of $2.5 million after taxes for the preceding two years. Loans cannot be made to businesses engaged in speculation or investment in rental real estate. 

Contact information:
SBA loan programs - website
San Diego District - website
Phone: 619-557-7250

Community Express Loan Program

Community Express is a pilot SBA loan program that was developed in collaboration with the National Community Reinvestment Coalition (NCRC) and its member organizations. Under the pilot, which is available to selected lenders, an SBA Express like program will be offered to pre-designated geographic areas serving mostly Low and Moderate Income areas and New Markets small businesses. The program will also include technical and management assistance, which is designed to help increase the loan applicant's chances of success. Maximum loan is $250,000. 

Contact information: