Small Business Credit Education Program

REFRESH YOUR SMALL BUSINESS VISION

Every small business starts with a vision, but the COVID-19 pandemic cast a lingering shadow over those dreams and goals. Let us help you re-envision the future of your business and create new goals to work toward. Participate in the Small Business Credit Education Program (SBCEP), and our team can assist you getting loan ready and accessing capital opportunities with the support of experts at Five Star Bank so that you can bring your refreshed vision to life.

How can the SBCEP prepare you?

Creating new goals and visions for your business can seem daunting, including attaining the funding you need to make it happen. The SacAsian Chamber wants to make applying and getting approved for loans feasible for business owners and support them in every step of the process. To sign up, fill out the form below.

Sign up!

Program Details

Eligibility Guidelines

  • Business must reside in the Greater Sacramento Region
  • Minimum 685 FICO Score
  • Public Records: No Bankruptcy, Foreclosures, Tax Liens, Judgements, Charge-Offs, Collections, Settlements, Repossessions, Garnishments, etc.
  • Business Debt-Service Coverage Ratio (DSCR) a minimum of  1.15x must be met 1) most recent tax return OR 2) interim period.
  • Global DSCR a minimum of 1.20x must be met 1) most recent tax return OR 2) interim period.
  • Small Business Administration (SBA) Small Business Scoring Service (SBSS – Business Credit Score) a minimum of 155

Use of Proceeds

  • Working Capital
  • Business Debt Refinance
  • Equipment Purchase
  • Business Acquisition
  • Real Estate Purchase/Refinance
  • Construction/Tenant Improvements

To participate in the program, please click on the link below to complete the SBCEP Intake Form.

Complete the form

For any questions, please contact us at smallbusiness@sacasiancc.org