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Business Loans for new start-ups, small business expansion, business help, and green energy. Apply for a business loan today.

$0
Fees

0%
Interest

Loan Amounts
Number of GuarantorsMaximum Loan Amount
00
1$7,500
2$36,000

NOTE: If you have an existing JFLA education loan, you can borrow up to $20,000 with two qualified guarantors.

Eligibility

  • Applicants must be at least 18 years of age and have a current CA issued ID and Social Security number.
  • ⁠Applicants must have a CA issued ID or driver's license showing permanent residency in Los Angeles, Ventura or Santa Barbara County
  • Applicants must demonstrate a business need 
  • Documentation provided must have a consistent mailing address
  • ⁠Applicants must show ability to repay the loan. Loans are paid back within 36 months and payments begin 30-45 days after receiving funding. 
  • Guarantors are required on each loan
  • Applicants must have credit score of 580-680 in order to qualify for a business loan.  Loan requests over $10,000 require a credit score of 680 or above.
  • Applicant must be able to provide a recently filed tax return 
  • Applicant must be able to provide one of the following: CA state issued business license, CA state issued sellers permit, or City of Los Angeles Tax Registration certificate.  *Please note pending documents will not be accepted.
  • Applicants cannot be a current Borrower or Guarantor on a JFLA loan
  • Please note, married couples are considered as one applicant or one guarantor

Fuel Your Entrepreneurial Journey with Zero-Interest, Zero-Fees

Starting a business is an exciting adventure but securing the capital to make it a reality can be a challenge. The JFLA Zero-Interest Startup Business Loan Program offers entrepreneurs a smarter way to finance their ventures without the burden of interest or fees—ever.

As a non-profit organization, JFLA supports startups and newly established businesses by providing zero-interest, zero-fee loans for various needs, including expansion, renovations, employee salaries, and more. Whether you're a student, a recent graduate, or an established entrepreneur,JFLA is here to help turn your business dreams into reality.

Program Highlights

  • Exclusive Access for JFLA Education Loan Recipients: Current JFLA education loan holders can apply for a second loan to fund their startup, with amounts up to $20,000 ($36,000 upon full repayment of their education loan).
  • Zero-Interest, Zero-Fees, Always: Unlike traditional lenders, JFLA charges no interest or hidden fees, ensuring manageable monthly payments.
  • Zero-Interest, Zero-Fees, Always: Unlike traditional lenders, JFLA charges no interest or hidden fees, ensuring manageable monthly payments.
  • Open to entrepreneurs across Los Angeles, Ventura, and Santa Barbara counties with at least two qualified guarantors.

What You’ll Need to Apply

  • Current, valid California ID showing permanent residency in qualifying counties
  • A comprehensive business plan and cash flow projection spreadsheet
  • Recently filed personal and business tax returns
  • City Tax Registration Certificate, City Sellers Permit OR City Business License 
  • Two qualified guarantors, credit will be reviewed (One guarantor from the existing JFLA education loan can be a guarantor on the business loan if JFLA deems them qualified.)
  • Must have a credit score higher than 580

Empower your vision with JFLA’s unique, interest-free financing. Apply today and take the first step toward building the business you’ve always dreamed of.

JFLA Assistant