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	LACDC News Archive

BUSINESS LOAN PROGRAMS

The CDC's business lending programs have provided more than $87 million in business loans  and created or retained more than 2,500 jobs during the last decade. The CDC offers a variety of low-interest loans for a wide range of businesses, large and small, commercial to industrial, that may not qualify for conventional financing.

Los Angeles County Supervisor Zev Yaroslavsky, far left, presents a $3,000,000 check to the city of San Fernando to finance a working capital loan for Oh Boy! Corporation.  This loan was provided through the County Float Loan Program.  Also pictured are Assemblywoman Cindy Montanez and Pieteo Vitale, Oh Boy! Corporation.