California small business owners are once again eligible to apply for the California Rebuilding Fund – a program offering low-interest, fixed-rate loans up to $100,000 and free business coaching to businesses with 50 or fewer full-time equivalent employees. While the Fund had been nearly exhausted due to high demand, this additional $15 million in funding offers a second chance for the California entrepreneurs, but the deadline to apply is coming up on November 15th.
Adriana Eiriz, Vice President of Partnerships at Accion Opportunity Fund, a community lender participating in the California Rebuilding Fund, discusses the eligibility requirements and what makes this loan different from others.
