As an economic development corporation, First Community Capital offers microloans, small business loans, as well as training and technical assistance to underserved micro-enterprises and small businesses in Southern California.
In the short time we have been in business, we have already made significant contributions helping entrepreneurs to start and grow their small businesses. We have highly experienced volunteers and partners that oversee each facet of the program’s development. So far, we have provided training, seminars, and workshops to roughly 200 small business owners. In leveraging our network of bankers, community development organizations and leaders, we are able to connect entrepreneurs and provide training at various capacities as highlighted below:
Our loan portfolio is expected to be largely comprised of low-income entrepreneurs and minority-owned business as demonstrated above.