With over a million people, San Jose is California’s third most populous city. San Jose is the largest city in Northern California (10th largest city in the country), both by population and area, making it the cultural, financial, and political epicenter of Silicon Valley, the home of America’s high tech industry. San Jose and the surrounding metropolitan area have a ton going for them from an economic perspective.
Unfortunately, small businesses in the San Jose still face challenges obtaining business loans from traditional lending sources such as banks or credit unions to secure funding. Typically, a bank or other lenders have stringent loan program guidelines, strict credit requirements, mountains of paperwork, and limited loan offerings for local small businesses looking for working capital or other funds.
AdvancePoint Capital is different than a bank. We are a nationwide provider of small business loans, lines of credit and other business needs such as equipment financing. We have helped businesses in San Jose, San Francisco bay area and the Silicon Valley obtain the funding they need to grow and succeed. We offer loans up to $1,000,000, with flexible terms and competitive rates. Our application process is simple and straightforward, we have no upfront fees for quotes and we can get you the money you need in as little as 24 hours.
How Do I Get A Small Business Loan in San Jose?
If you’re a small business owner in San Jose, you may be wondering how to get a small business loan. The first step is to research your options and compare different lenders. There are many online lenders that offer small business loans, but not all of them are created equal when it comes to choosing a loan program.
If you’re a small business owner in San Jose or the Silicon Valley area and you’re looking for a business loan, AdvancePoint Capital can help. Contact us today and apply online to learn more about our financing options, loan process and how we can help your business grow.
The 9 Best
Financing Options and Resources for
San Jose Small Businesses
Small Business Loans for
SBA Loans in
Merchant Cash Advance in
Business Cash Advance in
Business Line of Credit in
Equipment Financing for
Invoice Financing in
Short Term Small Business Loans in
Long Term Business Loans for
U.S. Small Business Administration
Start, Grow, and Expand your Business
View the San Jose Small Business Resource Guide for information and assistance in growing your local business, exploring funding options, and contracting in California.
Find local assistance
Why Do San Jose Small Business Owners Need Financing?
The list of the most common needs for small businesses to use business financing:
- Working capital loans
- Equipment purchase and/or equipment repair
- Expand inventory
- Business expansion
- Commercial Real Estate
- Capital for special projects
- Cash flow shortages
- Website development and website maintenance
- Advertising and marketing to acquire customers
- Jobs creation (employees)
- Employee training resources and expenses
Initiatives, Bank Programs, and Grants in San Jose, CA: Additional Resources, Support, and Information
America’s Small Business Development Center (SBDC) Northern California Network— The Small Business Development Center (SBDC) is a nonprofit organization that provides expert no-cost advising, low-cost workshops, and small business training to guide small businesses to success and accomplishment. The SBDC serves the Greater San Jose Area, which includes Santa Clara and South San Mateo Counties, is hosted by the Hispanic Chamber of Commerce, and is part of the Northern California SBDC network. We work hands-on with entrepreneurs and business owners to address challenges, seize opportunities, and grow our client’s bottom line.
City of San Jose SBA Disaster Assistance Loans— The City of San Jose will be assisting small businesses in learning more about and applying for loans through the technical assistance of Business Owner Space partners http://www.businessownerspace.com/. City offering loan info, help Businesses, and not-for-profit organizations in San Jose will probably experience business problems resulting from dealing with COVID-19.
Silicon Valley Strong— The City of San José has allocated $3.8 million of CARES Act Federally Funded Coronavirus Relief Funds to provide grants of up to $15,000 to small businesses located in San José. https://siliconvalleystrong.org/go-virtual/smallbiz/ The grants can be used for unpaid or pending rent from March 1, 2020, through December 30, 2020.
BusinessOwnersSpace.com— START, GROW & SUSTAIN YOUR ONE-STOP RESOURCE FOR BUSINESS
KIVA— Kiva San Jose & the Peninsula is helping to solve this complex problem by democratizing financial systems, as well as providing access to capital and community support to small businesses.
California Rebuilding Fund https://www.caloanfund.org/
Get Started Today
AdvancePoint Capital makes the loan application process a simple, straightforward experience.