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City Loan Programs

Need capital to launch or grow your business? The City of Long Beach manages multiple loan programs that can help to get your business off the ground or help take your business to the next level.

Microenterprise Loan Program

  • Up to $25,000 for startup and existing businesses with five or fewer employees
  • Fixed rate: 5.75%
  • Funds can be used to finance equipment, fixtures and furniture, and working capital

Growth Long Beach Fund

  • Between $100,000 to $2 million for businesses that have been operating in Long Beach for at least two years
  • Fixed rate: 5.75%
  • Term: 7 – 25 years
  • Business must be a for-profit entity
  • Funds can be used for any legitimate business expense (construction, tenant improvements, equipment, working capital, etc.)

For more information, please contact Seyed Jalali, Economic Development Officer, at Seyed.Jalali@longbeach.gov.