Our Mission is to empower and equip small businesses to gain access to capital from mainstream financial entities.

The Asian Pacific Revolving Loan Fund of Los Angeles is a non-profit public benefit corporation that was formed in 1995.

We were established to provide business and commercial financing to borrowers that could not secure financing through traditional main stream banks.

We serve minority communities through funding

We leveraged our understanding of the banking industry with that of the Asian and other minority communities to establish a loan fund with an outstanding reputation among community lenders, governmental agencies, the private banking sector and our target populations.

Due to the recent tightening of credit that began in late 2007 by the banking industry, we have expanded our scope and now offer business consulting services which include negotiating with lenders to secure financing and debt settlement and workout.

We also works closely with governmental agencies, other community lenders and technical assistance providers to leverage resources, participate in lending opportunities and share knowledge in this sometimes illusive and often misunderstood arena of community lending.

The Asian Pacific Revolving Loan Fund of Los Angeles (APRLFLA) was founded in 1995 by a consortium of three organizations

  • The Asian Pacific American Legal Center (APALC)
  • Pacific Asian Consortium in Employment (PACE)
  • Korean Youth & Community Center (KYCC)

The purpose of APRLFLA was/is to provide business loans to owners whose businesses that cannot yet qualify for traditional bank financing. Because of our involvement with low-to-moderate and the immigrant communities, we have been able to reach these groups and extend financing to some of the un-bankable or near-bankable business owners.

Since APRLFLA's inception, we have achieved significant success not only in the area of community based lending but also in business counseling and community-based loan syndication as well. To leverage our funds most effectively, we have participated loans with other community-based organizations such as Community Financial Resource Center (CFRC), Pacific Coast Regional (PCR), FAME Renaissance (FAME), The East Los Angeles Community Union (TELACU) & Community Reinvestment Fund (CRF). These syndications have fostered collaboration and cooperation among these entities, leading to more capital being available to minority communities.

In addition to our participated loans, we have loan pools that are funded by the various banks from the Southern California area. As participants in our loan pool, they have entrusted us to lend out their funds into the disadvantaged communities throughout Los Angeles County. To date, the total for loans extended exceeds $5,000,000 with a 99.5% performance rate. We have also raised a second loan pool, "Loan Pool 2", totaling $1,950,000 to $2,450,000. We expect this pool to be depleted by year end.


If you are a member of the Press and wish to have our media kits sent to you, please contactTana Thammagno.