Pre-Approvals Are Temporarily Paused
Our team is currently working with an overwhelming number of small business loan applications — a 20x increase in demand since the beginning of March. Due to this demand, we’ve had to make the difficult choice to temporarily pause new loan applications.
We know that PCV’s small business loan program is a critical resource for business owners across California who are turned down by banks and the SBA, and we’re working as hard as we can to work through this backlog while securing new sources of capital from banks, foundations, and impact investors.
If you’re a business owner seeking an affordable loan, please continue checking this page or sign up for our email newsletter for updates on when our loan program will reopen the pre-approval process.
If you need access to capital immediately, you can find other community investors using The CDFI Locator from Opportunity Finance Network.