Grant and Loan Programs

OEWD offers a variety of grant and loan programs to small business owners, nonprofits, and neighborhood groups. OEWD partners with community lenders, Working Solutions and Main Street Launch, to provide businesses with technical assistance, affordable financing, and support.

Grants:

  • Neighborhood Economic Development Grants support small business technical assistance and community driven commercial revitalization efforts. 
  • The Americans with Disabilities Act (ADA) Small Business Assessment Program helps small businesses ensure compliance with ADA regulations.
  • With input from the Historic Preservation Fund Committee (HPFC), OEWD provides historic preservation grants for preservation-related work in San Francisco, including education, feasibility studies, research and documentation, and the nomination of properties to state and federal registers.
  • SF Shines invests in commercial corridors through façade improvements which include grants for small businesses and nonprofits, design services, and project management. 

 

Loan Programs:

Small Business Revolving Loan Fund

The City-sponsored Revolving Loan Fund (RLF) is administered by Working Solutions, a nonprofit 501 (c)(3) organization committed to serving new and existing businesses by providing access to capital, including micro loans, and technical assistance. The Revolving Loan Fund loans range from $5,000-$50,000.

  • RLF microloans are up to $50,000,
  • Interest rates on RLF microloans are fixed and do not exceed 6%
  • RLF microloan terms are 5 years, fully amortized
  • RLF microloans can be used for start-up expenses, equipment, tenant improvements, working capital, and marketing
  • RLF microloans may not be used for personal expenses, debt consolidations, debt refinancing, or research/development of new products.
  • Preliminary parameters for borrower eligibility are as follows:
  • A RLF borrower must operate a business that is located within the boundaries of the City and County of San Francisco, and
  • A RLF borrower must create or retain at least one full-time equivalent job

If you are interested in the City's Revolving Loan Fund, please call 415-655-5472 to schedule a 15-20 minute eligibility phone call.
Visit the Working Solutions website.

 

Emerging Business Loan Fund

The Emerging Business Loan Fund (EBLF) offers loans ranging from $25,000 to $250,000 to qualifying commercial projects. The purpose of the Emerging Business Loan Fund is to originate commercial loans that support high impact businesses and projects with the potential to increase economic activity in San Francisco as well as create jobs for low to moderate income individuals. Community lender, Main Street Launch, manages the Emerging Business Loan Fund for the City and County of San Francisco.

  • Loan amounts from $25,000 - $250,000
  • Interest Rates: Adjusted to Prime + 4% (~ 7.5%), No application fee, low closing costs
  • Up to 10 year loan amortizations, longer with real estate
  • Flexible underwriting criteria, eligible uses include: working capital, equipment, real estate, and tenant improvements
  • A RLF borrower must operate a business that is located within the boundaries of the City and County of San Francisco, and
  • A RLF borrower must create or retain at least one full-time equivalent job

If you are interested in learning more about the City's Revolving Loan Fund, please call 415.293.8134 or email darius@mainstreetlaunch.org.  Visit Main Street Launch's website at www.mainstreetlaunch.org.

 

Kiva's Small Business Loan Program

The Office of Small Business is a trustee for the local non-profit Kiva.  Kiva connects Bay Area entrepreneurs with 0% interest loans up to $10,000 to help start or grow businesses.  Regardless of your financial or business history, Kiva's mission is to expand financial access to entrepreneurs and small businesses who otherwise are not eligible for a business loan.  For more information contact the Office of Small Business at (415) 554-6134 or email Spencer Larkin from Kiva at spencerl@kiva.org.

 

Please contact the Small Business Assistance Center for any questions about loans or other assistance for small businesses in the City and County of San Francisco. The office is located in room #110 on the First Floor of City Hall with the Treasurer and Tax Collector.

Download a summary of the OEWD business loan programs (PDF) and contact information.