The foundation of any healthy and vibrant community is the economic wellbeing of its residents. To this end, CPLC consistently pursues the development of programs and services key to the creation of sustainable economic opportunities. CPLC’s cadre of economic development programs and services were developed with the following goals:
- Building wealth
- Providing opportunity
- Promoting sustainability
- Promoting small business development
Prestamos CDFI, a wholly owned CPLC subsidiary, provides economic opportunities for small and emerging businesses in Nevada and Arizona. The program provides business loans along with technical assistance to small businesses that do not qualify for traditional bank financing. The program focuses on serving businesses located in low income communities as well as minority and women owned businesses. Prestamos is certified as a Community Development Financial Institution (CDFI) by the US Treasury. On January 27th, 2016, CPLC Nevada celebrated the grand opening of the SBA Micro Lending Center, makingour Prestamos program the only SBA approved micro-lender in the State of Nevada.
Prestamo’s mission is to build stronger communities by providing access to affordable capital through non-traditional small business financing resources in Arizona, Nevada, and New Mexico. Prestamos is committed to addressing the lack of access to affordable capital and provides economic opportunities for small and emerging small businesses to start and grow.
Prestamos loan products are designed to address common barriers to capital such as
1) Lack of collateral
2) Credit blemishes
3) Insufficient equity and or cash flow
In addition, Prestamos provides technical support to its clients.
- Micro-Loans ($5,000 - $50,000)
- Small Business Loans ($50,000 - $500,000)
- SBA-Community Advantage Loans ($100,000-250,000)
SMALL BUSINESS ADMINISTRATION
PAYCHECK PROTECTION PROGRAM (PPP)
The SBA has reopened the Paycheck Protection Program (PPP). Prestamos CDFI can provide PPP funding to small businesses nationwide. You can begin your Pre-Application through our online portal now.
NORTH LAS VEGAS SMALL BUSINESS STABILIZATION FORGIVABLE LOAN PROGRAM
The City of North Las Vegas (CNLV) recognizes the need to support small businesses that are struggling to access capital and keep their doors open in response to COVID-19. Because Prestamos CDFI is certified to provide loans to small businesses, (and historically prioritizes low-income communities, minority, and women-owned businesses), we are working closely with the City of North Las Vegas in providing consultant services to those businesses that qualify. If you small business has been negatively impacted due to COVID-19, and your business is within the City limits of North Las Vegas, take the next step and apply for the program. Click on the link...
For more information regarding all of our lending programs, visit our site at www.prestamosloans.org or contact us at 702-207-1614 or by email at firstname.lastname@example.org
Edward Vento - Business Development Officer - Direct Line: (775) 300-6193 Email: Edward.email@example.com
Noe Gonzalez - Business Advisor - (702) 207-1614 Noe.firstname.lastname@example.org
Program information in development.