PACE has a fundamental belief in the importance of broadening access to capital and financial services to underserved populations in economically distressed communities in order to promote individual and family economic self-sufficiency.
Since 1993, PACE Business Development Center (BDC) has provided business training, technical assistance, 1:1 counseling and access to capital to thousands of inspired, committed and hard-working men and women. In addition to being an SBA Microloan Intermediary and a Community Advantage lender, PACE is a COIN certified Community Development Financial Institution (CDFI), Community Development Entity (CDE) and an official CalCAP Lender. PACE BDC also houses an award-winning Women’s Business Center and operates 2 of 9 Business Source Centers within the City of Los Angeles.
Owning a small business can be an extremely gratifying experience, however the financial aspects of owning a small business can at times become extremely stressful. Many small businesses are lacking the capital needed to help their business grow. PACE is the community lender that can get your small business the capital needed to ease your financial stress and start growing your business.
In order to do business with the government it is necessary to fulfill their basic requirements, as well as understand the government contracting process. PACE provides assistance to businesses seeking to market their goods and services to the federal, state and local government, either directly or as subcontractors. This process can be overwhelming for most businesses, but with the help of our professional staff and experts we can make this process easier for you.
We provide aspiring and current small business owners a variety of free business consulting and low-cost training services including: business plan development, manufacturing assistance, financial packaging and lending assistance, exporting and importing support, disaster recovery assistance, procurement and contracting aid, market research help, 8(a) program support, and healthcare guidance.
PACE’s Financial Education & Asset Building program has helped thousands of individuals and families move toward greater self sufficiency by accumulating savings and purchasing long-term assets. Through programs such the Volunteer Income Tax Assistance (VITA) program, low- and moderate- income households can have their income tax returns prepared free of charge. PACE also offers one-on-one counseling, first-time home-buyer training, credit building workshops, and classes that provide tools to achieve financial security.
Supported by the Small Business Administration’s Office of Women’s Business Ownership, PACE Women’s Business Center (WBC) provides in-depth, substantive, outcome-oriented business services to women (and men) entrepreneurs, both nascent and established business owners, a representative number of whom are socially and economically disadvantaged.
Hours & Locations
Los Angeles, CA 90017
El Monte, CA 91731