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Erin Weber Vaughn, Erin’s Lunchbox

Capital Partners™ is a peer-lending, microloan program of RISE designed to meet the credit needs of businesses in the Greater Los Angeles area since 1993. Capital Partners™ is a comprehensive program that offers loans, business training and education, group support, and networking opportunities to self-employed business owners and entrepreneurs with limited access to working capital. Peer-lending loan programs have assisted thousands of self-employed individuals across the United States. This Program is a replication of Working Capital, which received the Presidential Award for Excellence in Micro-Enterprise Development in 1997 and 2001.

The program is one of the few of its kind to offer micro-loans following the Grameen Bank model, a Nobel Peace Prize-winning microfinance organization founded in Bangladesh. As a result Capital Partners™ has produced hundreds of entrepreneurs throughout Los Angeles County; from candy makers to fashion designers. Capital Partners™ is open to all business ideas – no prior experience necessary! And the best part; no credit check to obtain a loan. Participants enjoy a host of services including one-on-one counseling, personal finance coaching, workshops, technical assistance & training, website design, networking events, open houses and free listing on our Community Small Business Directory.

What Capital Partners IS and IS NOT

Capital Partners IS

  • A business training & loan program.
  • A business support and networking program.
  • For those with a clear idea of their business and know the direction in which they want to grow.
  • For those who are looking to rebuild their credit.
  • For those who are active, self-directed and willing to make a serious investment of time and resources in their business.
  • For those willing to work in a group.

Capital Partners IS NOT

  • For business owners looking for quick capital for en emergency or problem
  • For those with little time to invest in building their business.
  • For those interested in socializing (though many members enjoy exchanging ideas and contacts with other members).
  • A business development program for those lacking a clear idea for their business.
  • For those who do not work well with groups.

To Participate in Capital Partners You Must

  • Be in business or have a clear business idea.
  • Show two forms of government issued identification.
  • Show proof of additional source of earned income.
  • Show proof of 6 months residency.

To Qualify for the Loan

  • You must be part of a group that you either form, or join an existing one. Group’s size can be from 3 to 8 members. All loans begin at the $500 level with the potential to reach $5,000. Members who follow the program could possibly have access to $15,000 during the course of two years.
  • For any member to receive a loan, all members of your group must approve the loan. The group makes all loan decisions.
  • For a member to receive any new loans, all members of the group must be up to date on their payments at the time you apply for a new loan.
  • To move to a higher loan step, you must have repaid your previous loan.

Capital Partners Program does not decide who can receive a loan, nor do we require a credit check, business plan or collateral. Instead the Business Loan Group is entrusted to:

  • Make all loan decisions after carefully reviewing each member’s business loan application.
  • Take on the responsibility of supporting each member and encouraging timely and complete payments.
  • Group members are not legally responsible for each other’s loan. Each borrower is legally responsible for his or her own loan.
  • However, for any member to get to the next loan level, all members must be current on their loan payments.

How to get started

  • Attend a Capital Partners™ Orientation.
  • Submit a Business Profile
  • Register and complete the Capital Partners™ six hour business training (a $75.00 fee is required at the time of registration). Must have attended an orientation session within the last six months to be eligible to register for Level One Training. 
  • Join a Business Loan Group.

Training Curriculum

  • Level OneBusiness Profile, Loan Review & Approval
  • Level Two – Business Evaluation & Mission, Record Keeping, Basic Cash Flow
  • Level Three – Selling Value, Customer Research, Customer Research Analysis
  • Level Four – Marketing & Promotion, Competitive Strategies, Marketplace Risk
  • Level Five – Break Even & Profitability, Pricing to the Market, Marketing Plan, Balance and Income Statement
  • Level Six – Advanced Cash Flow, Business Analysis, Business Plan (Pt.1-2), Going to the Bank

Upcoming Orientations

Upcoming Training

Upcoming Networking, Seminars, & Events

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2 thoughts on “Capital Partners™

    1. The Capital Partners orientations and Networking Events are good ways to network for members to form a group. If you need help we can form a group for you or plug you in an existing one. Let us know how we can help. Contact Gerardo@cfrcla.org.

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