$15-million loan program for L.A. small businesses is launched
The program, organized by the Valley Economic Development Center, is designed to provide capital to exisiting businesses throughout the city.
October 15, 2009|Nathan Olivarez-Giles
Small businesses that are having trouble obtaining loans may be eligible for assistance under a new program organized by a San Fernando Valley economic development group.
The loan program is designed to provide capital to existing businesses throughout Los Angeles to help offset the effects of the economic downturn and the credit crunch, said Roberto Barragan, president of the Valley Economic Development Center.