1. LA Region Small Business Relief Fund

Grants from $2,000 to $25,000 for small businesses and non-profits with structural damage, inventory loss or revenue loss due to the wildfires. Must have annual revenue of up to $6 million and fewer than 100 employees. Small businesses impacted can apply here.

The LA Region Worker Relief Fund provides direct relief through cash assistance grants to workers who lost employment or income because of the disaster. Workers impacted can apply here.

2. U.S. Small Business Administration (SBA) Disaster Loans

SBA low-interest disaster loans up to $2 million for businesses and non-profits to repair or replace disaster-damaged real estate, machinery, equipment, inventory, and other business assets. Online applications can be submitted here. Business Recovery Centers have been set up in Los Angeles County to help with in-person applications by making an appointment here.

3. Los Angeles Area Chamber of Commerce Small Business Disaster Recovery Fund

The Los Angeles Area Chamber of Commerce is awarding grants of up to $25,000 to small businesses affected by the wildfires. The organization will also host disaster recovery webinars and provide business counseling to help them rebuild. Applications open in March 2025, and interested parties can register and receive more information here.

4. TMC Community Capital Small Business Strong: LA Wildfire Relief Fund

Microloans and grants of up to $5,000 for micro-businesses, self-employed workers and service workers impacted by the wildfires to get quick access to capital for rebuilding and operational needs. Learn more to see if you qualify and apply here.

5. Accion Opportunity Fund Small Business Relief Fund

The Accion Opportunity Fund offers financial assistance and resources for small businesses affected by wildfires, including loans and grants to support recovery and rebuilding. The fund will focus on four key areas:

• Loan Payment Relief
• Small Business Grants
• New Loans
• Educational Resources and Technical Assistance

7. California Governor’s Office of Business and Economic Development (GO-Biz)

GO-Biz has a resource guide and online training sessions for small businesses affected by the wildfires. Their portal offers information on assistance with shelter, food, repairs and more.

For one-on-one assistance, you can visit your local Business Recovery Center sponsored by the SBA or contact them directly to get info on application processes, eligibility and deadlines.

The City of Los Angeles Economic and Workforce Development Department also has ten Business Resource Centers throughout the city, which offer various resources dedicated to wildfire relief.

Resources for Small Businesses & Workers

The post Loan and Relief Options for Rebuilding Your Small Business After the Fires appeared first on The Hemet & San Jacinto Chronicle.

Designed to help individuals and families recover, applicants must reside in an evacuation zone and meet Altura’s credit qualification criteria. The Wildfire Emergency Loan offers:

• 0% APR: No interest will be charged on these loans
• 90 Day Payment Grace Period: No Payments for the First 90 Days
• Loan Amount: Up to $1,500
• Term: 18 months

” We understand the hardships faced by individuals and families displaced or impacted by the wildfires,” said Jennifer Binkley-Heiting, President and CEO at Altura Credit Union. “By offering our Wildfire Emergency Loan, we can directly assist our members and the local community, providing some relief and support during this difficult time.”

To apply for a Wildfire Emergency Loan or learn more, please visit https://www.alturacu.com/EmergencyLoan or contact Altura Credit Union at 866-787-8634. We encourage you to share this information with anyone in an evacuation zone who might need assistance.

The Altura Credit Union team continues to look for ways to provide more one-of-a-kind experiences for their Members and for people living in Riverside County. Through sponsorships and community-based events, Altura hopes to strengthen its relationship with local communities and bring to life its mission of Enriching Lives and Empowering Dreams.

Altura has been a trusted partner to over 198,000 Members since 1957, offering all the services expected from a full-service financial institution, such as checking and savings accounts; auto loans; and home and personal loans.

For more information on Altura Credit Union, visit www.AlturaCU.com, or call 1-888-883-7228.

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About Altura Credit Union: Since 1957, Altura Credit Union has been dedicated to serving the communities of Riverside County. With over 198,000 Members and twenty-three branches, we are committed to enriching the lives and empowering the dreams of our Members, communities, and employees. When you choose to be a Member, you’re choosing to be effective in your own backyard. We know how important it is to be there when it matters most, and we collectively choose to make every decision with the purpose of bettering the lives around us. Altura is so much more than a financial institution; we’re an institution that bridges community, care, people, and finances. To us, you’re more than a number; you’re our family, our friend, and our neighbor. Altura Membership is open to anyone who lives, works, worships, or attends school in Riverside and San Diego counties; select cities in San Bernardino and Orange counties; as well as U.S. Military, U.S. Government and Civilian employees working at March Air Reserve Base in Riverside County; and retirees of the United States Armed Forces. For more information on Altura, http://www.AlturaCU.com, or call 1-888-883-7228.

The post Altura Credit Union Offers Emergency Loans to Southern California Residents Impacted by Wildfires appeared first on The Hemet & San Jacinto Chronicle.