Business

Empowering Southern California’s Small Businesses: The Story of PCR Business Finance

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Since its inception in 1977, PCR Business Finance has been a cornerstone of economic empowerment in Southern California. As a private, non-profit Community Development Financial Institution (CDFI) certified by the U.S. Treasury, PCR is dedicated to fostering economic growth by providing tailored financial, educational, and advisory services to entrepreneurs.

A Mission Rooted in Community Development

PCR’s mission is to expand economic opportunities in underserved communities by offering access to financial and advisory services to local and ethnically diverse small business owners. Designated as a Small Business Development Center (SBDC) by the U.S. Small Business Administration (SBA), PCR provides entrepreneurial training, advising, and resources to help small business owners thrive in a competitive market.

Innovative Support Through Financial Programs

Beyond advisory services, PCR offers a variety of loan programs to fit most small business financing needs, ranging from microloans up to $50,000 and small business loans up to $1,000,000. Additionally, PCR administers the Metro Business Interruption Fund (BIF), a pilot program providing grants of up to $50,000 per impact year to eligible small businesses affected by Metro construction on transportation corridor projects.

Client Success Stories: A Testament to PCR’s Impact

The true measure of PCR’s success lies in the stories of the entrepreneurs it has supported. Moses and Maurice Harris, owners of Bloom & Plume Coffee, credit PCR with providing resources that enabled their business to innovate and grow. Similarly, Brittie Crawford, the visionary behind World City Center, highlights PCR’s invaluable mentorship and support in her journey to expand her business.

A Vision for the Future

Looking ahead, PCR remains steadfast in its commitment to serving Southern California’s small business community. With a legacy of success and a future focused on innovation, PCR is poised to continue its mission of empowering businesses through comprehensive financial solutions and unwavering support.

Conclusion

PCR Business Finance is more than a financial institution—it’s a partner in progress, a beacon of hope, and a catalyst for change in underserved communities. For small businesses looking to grow, adapt, and succeed, PCR stands ready to provide the tools and guidance they need to flourish.

To learn more about PCR Business Finance and its services, visit pcrcorp.org.

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