Opportunity Fund aims to help small businesses who are underserved by banks by offering low-interest loans and financial advice to become bank-ready. However, becoming a member of a credit union might be better for your business than a big bank. Keep reading to find out why.

Opportunity Fund aims to help small businesses who are underserved by banks by offering low-interest loans and financial advice to become bank-ready. However, becoming a member of a credit union might be better for your business than a big bank. Keep reading to find out why.

What is a credit union?

As a small business owner, you have probably heard about credit unions in your search for financing. In case you haven’t, credit unions are an alternative to traditional banks. They are mainly local, community-driven institutions. They can offer lower interest rates for loans and larger rates for savings accounts because each member is also part owner.

The drawbacks of credit unions are that they are slower to adopt new technology such as fancy mobile banking apps, they have a smaller pool of funds to draw from so they can’t offer loans as large as banks can, some credit unions have limited qualifications for membership, and their locality means less non-fee ATMs and more international fees.

Despite the drawbacks, credit union membership has been growing in recent years. More and more individuals and small business owners are looking for local financial options.

A credit union can be better for your small business:

Credit unions are great options if you are currently a cash-based business and want to look into more secure financial options. Even if you have a business account with a bank but need better interest rates, a credit union could be good for your small business.

Make sure to ask if they offer business accounts – if they do, they might also have payroll and other services that banks offer.

Check out this easy-to-use credit union locator to find a one near you.

For information about Opportunity Fund’s small business loans, please contact us at 866-299-8173 or loans@opportunityfund.org.  For questions about your existing loan or other customer service questions, please contact us at 866-299-8173 or sbhelp@opportunityfund.org.


Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. In FY16, we made $60M in loans to help more than 2,200 small business owners invest in their businesses.  Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.

Visit us online at http://opportunityfundloan.org and follow us on Facebook and Twitter

Marta Teegan serves her Echo Park community with fresh, healthy food from her grocery store, Cookbook Market. Thanks to two small business loans from Opportunity Fund, she has doubled her workforce and is set to expand to a second location.

Our customers inspire us every day, and we want to regularly share those stories to inspire you, too. This week, read about Marta Teegan of Cookbook Market in Los Angeles. Marta serves her Echo Park community with fresh, healthy food from her grocery store. Thanks to two small business loans from Opportunity Fund, she has doubled her workforce and is set to expand to a second location.

Good Food in the Neighborhood

Marta Teegan started Cookbook Market in Echo Park, Los Angeles, six years ago. She built the artisanal grocery store with her husband Robert Stelzner on their combined experience in green grocery and gardening in the Los Angeles area. Their dream of providing fresh, healthy food for their community fueled the business.

Cookbook Market means a lot to the people who live in the neighborhood as their local grocery store. That responsibility means even more to Marta and her staff. “We chose this location because we’ve lived in this neighborhood since 1996,” she said. “Food is very personal and it’s something that people need on a daily basis.”

Cookbook Market - Staff

Marta and her staff live and work in the neighborhood (photo courtesy of ROF Industries)

When Marta came upon an opportunity to expand the market into a second location, she went back to the U.S. Small Business Administration for financing support. She had previous success working with the SBA, but she found that her needs had changed.

“Working with the SBA was a six month long process,” she said. “In the retail world, that’s a huge amount of time. Fortunately the SBA put us in touch with Opportunity Fund, so we reached out.”

Opportunity Fund Helps Cookbook Market Stay Green

The Opportunity Fund difference was apparent right away for Cookbook Market. Not only was the funding process much faster, but working with business development officer Adriana Williams made everything run smoother as well.

“When we had the opportunity to start our second location, we needed fast access to capital,” she said. “Opportunity Fund gave us a huge advantage. Before, opportunities would slip through our fingers. Adriana is helpful and positive. Whenever I reach out to her, she immediately responds.”

The expansion project didn’t happen with the initial Opportunity Fund loan as the landlord at the new location gave the property to another tenant. Marta used the capital from her $55,000 loan to expand her workforce to 12 employees and for a private kitchen in downtown Los Angeles, which has allowed Cookbook Market to double its capacity of prepared food sales at the market.

“We want people be able to make a living in this type of food production on all levels,” she said. “Not just the growers and the farmers, but people within our immediate community who work with us at the store and in our kitchen.”

We offer support for Cookbook Market beyond just funding the next phase of their business. We also provide their merchant services, which Marta cites as a major money saver with reduced processing fees and a reliable credit card reader.

Cookbook Market - Credit Card processing

Our low cost and fast credit card processing helps Cookbook Market save money each month (photo courtesy of ROF Industries)

The strong partnership led Marta to apply for a second loan, this time to get their second location going again. Adriana helped Marta get approved the $95,000 loan this summer to help Cookbook Market officially expand to Highland Park.

We’re happy to support community business champions like Marta and Cookbook Market.

We hope this story has inspired you, too.  At Opportunity Fund, we offer easy-to-get, fast, and affordable small business loans to help small business owners succeed.  Visit our home page to find out more.


Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. Last year, we made $60M in loans to help more than 2,200 small business owners invest in their businesses.  Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.

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Of all the problems small businesses have, one stands out as a giant roadblock to success. Our content partner Nav explains what this central problem is and how to work around it.

Of all the problems small businesses have, one stands out as a giant roadblock to success. Our content partner Nav.com explains what this central problem is and how to work around it.

Guest post by Peter Baskerville. Read the original post on Quora.

Small businesses have countless problems but from what I have experienced and observed, they all have one common and underpinning problem – they are so busy working IN their businesses to run them that they have no time to work ON their businesses to improve them.

This problem is a self-propagating cycle in that it has a root cause in the lack of resources, which limits the ability to make improvements, which leads to an inevitable outcome of financial underperformance which in turn fails to deliver an excess of resources … and the cycle starts again. For me, all other small business problems stem from this central one.

This situation creates a small business trap where the small business is not performing sufficiently well for the owner to get their investment back by selling it nor is it giving the small business owner a decent wage or an appropriate return on their assets employed. So they continue to operate but with a sense of entrapment, disillusionment and hopelessness. Sadly, the inability to generate an excess of resources is often a direct result of poor initial decisions that are now almost impossible to change. i.e. location, lease/customer/supplier agreement, ergonomic fit-out and ownership structure.

Also, ownership of a small business is like driving a car at fast speeds on treacherous roads with blind corners and unseen potholes. It’s not like the owner feels they can take time out to consider an alternative ‘new improved’ model or risk their already wafer thin financial resources on some new idea that might improve things, sometime in the future. Small business owners only have eyes for today’s confronting problems … which is why they mostly remain ‘small businesses’.

Anyone who has made small businesses their target market will know of the issues I have outlined.

If your idea is to build a business that provides innovative solutions for small businesses, then I would suggest that you follow the Coke model and:

  • Have a product solution with plenty of testimonials or related known referrals or is extensively advertised
  • Offer an easy-entry ‘turn key’ solution (install a Coke owned fridge with a set assortment of products)
  • Maintain your product offer for the small business (regular Coke rep. that does the re-ordering and in-store merchandising)

 

This article originally appeared on Nav.com and was re-purposed with their permission.

For information about Opportunity Fund’s small business loans, please contact us at 866-299-8173 or loans@opportunityfund.org.  For questions about your existing loan or other customer service questions, please contact us at 866-299-8173 or sbhelp@opportunityfund.org.


Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. In FY16, we made $60M in loans to help more than 2,200 small business owners invest in their businesses.  Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.

Visit us online at http://opportunityfundloan.org and follow us on Facebook and Twitter

Each month, we’re sharing and promoting free or affordable online tools that help small business owners run their businesses better. This is your toolbox for five affordable social media resources.

Each month, we’re sharing and promoting free or affordable online tools that help small business owners run their businesses better. This is your toolbox for five affordable social media resources.

Social media is the new hot way to market to customers around the world. And it’s free to use! We’ve compiled this list of five affordable online tools you can use to utilize social media for your small business. From creating to publishing, this list has you covered.  

How much it costs: Free, with optional premium paid plans

What it does: Hootsuite is a great easy-to-use dashboard for writing and scheduling your social media posts to be published in the future. The free plan allows you to connect to three social media profiles with basic analytics tools for tracking follower growth and post performance. If you need help thinking of things to post, they also offer ten free content suggestions every week. If you just need help, Hootsuite has helpful social media classes and an online help forum.

How much it costs: Free, with $19 a month premium plan

What it does: Cyfe is another all-in-one dashboard that keeps everything you need to know about your social media in one convenient place. In addition to creating and scheduling posts, you can track your followers and post performance, see demographics of your followers, and look at detailed web analytics for your small business. What is outstanding about Cyfe is it also allows you to track your business’ sales, finances, and projects. This resource really is great for small business owners who want everything in one place without having to log into multiple websites and accounts.

How much it costs: Free

What it does: Latergram is specific to scheduling Instagram posts, but it is really convenient to be able to create and publish Instagram posts from your desktop instead of hunching over your mobile phone all the time. Not many web services let you do this for Instagram, so take advantage of Latergram’s incredibly helpful tool. Their calendar view scheduling is easy-to-read, and their media library lets you keep all your photos in the cloud to use in the future. Latergram is also planning on implementing a hashtag campaign tool which will make Instagram giveaways and contests easier for you – these are popular marketing strategies to engage younger customers.

How much it costs: Free, optional premium paid plans

What it does: Buffer is another scheduling tool that is simple and straightforward. Their integrated Pablo tool allows you to design visuals for your posts, and connects to all six major social media platforms (Facebook, Google+, Twitter, Instagram, Pinterest, and Linkedin). If you want to connect your business Instagram, you’ll need to download the Buffer mobile app. This may sound complicated, but using the mobile app allows you to schedule your posts on the go.

How much it costs: Free

What it does: Images boost interaction from your followers – you should try to include some kind of visual in every social media post. Finding images for commercial use can be difficult and expensive, so Hubspot created over 500 royalty-free images that you can use. No fees or attribution required. If you need help using images in social media posts, take a look at some of these affordable design tools.

 

We’re always looking for the best affordable online resources including tools to promote to small business owners like you. If you have a tool you’d like to share with fellow business owners, contact us at sblending@opportunityfund.org.

For information about Opportunity Fund’s small business loans, please contact us at 866-299-8173 or loans@opportunityfund.org.  For questions about your existing loan or other customer service questions, please contact us at 866-299-8173 or sbhelp@opportunityfund.org.


Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. In FY16, we made $60M in loans to help more than 2,200 small business owners invest in their businesses.  Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.

Visit us online at opportunityfundloan.org and follow us on Facebook  and Twitter

Finding financing for your small business could hurt your credit score. Our content partner Nav shares the trick to avoiding this pitfall – soft credit inquiries.

Finding financing for your small business could hurt your credit score. Our content partner Nav.com shares the trick to avoiding this pitfall – soft credit inquiries.

A high credit score improves your chances of getting approved for a business loan, but credit inquiries during your loan shopping process could lower your scores – how does that work?! The situation sounds like a catch-22, but you can minimize the negative credit impact of your search with a few strategies.

Understanding Inquiries

Your credit score reflects multiple factors, such as your credit utilization, age, account diversity and ratio of revolving credit lines. Credit inquiries can impact your credit score as well, although not every inquiry factors into the calculations.

If a lender says its inquiry won’t impact your credit score, it pulls a soft inquiry. The lender uses a soft inquiry to access information from your credit report to pre-qualify you for loan products. Most lenders specifically say “pre-qualification won’t impact your credit score”, so watch out for pre-qualification processes without this line. Lending Club is a good example of a lender who makes it clear that their pre-qualification doesn’t affect your credit, with the phrase “won’t hurt your credit score” right on the page. Perhaps an obvious statement, but definitely one you should be happy to see!

Lenders use hard inquiries when evaluating your credit file to process a credit or loan application. These inquiries impact your credit for one year and remain on your report for two. When other lenders see hard inquiries on your report, they get an idea of how many credit applications you made within this time span. You want to minimize hard inquiries on your report to lessen the credit impact of your loan shopping. Here’s where submitting a bunch of applications to hopefully have one accepted can work against you.

Research your options

One way to minimize your hard inquiries is by researching different funding types. Not all business loan products are created equal, so looking into the difference between funding types is an essential step in the funding process. Use Nav to break down the differences between loan types, see which options you will likely qualify for, and which ones work best for your business.

Narrowing the field

Once you know which type of business loan product interests you, it’s time to narrow down the playing field. Sure, you could apply to every potential loan offer you come across and hope to get a hit, but that’s like dating everyone who ever asked you out. You put in a lot of time, and end up worse for wear because of it. By being selective with your loan and credit applications, you generate hard inquiries only from lenders who will likely approve you.

Once you’ve narrowed down the field, consider gathering all the necessary documentation ahead of time and setting aside a block of time devoted to sending in your applications. A general rule of thumb is that you should limit your shopping to a two week (14 day) period. If credit bureaus see multiple hard credit inquiries of the same nature in a short period of time, they may be able to conclude that you are searching for financing and will count each application as just one inquiry. This is a great way to tilt the odds away from a damaged credit score.

There are so many business funding offers out there, it’s hard to figure out where to start on your own. Nav’s Marketplace gives you a way to narrow your selections down based on your personal and business credit score, industry, cash flow, and other aspects of your business. You can filter lenders based on the most important funding factors for you, such as funding speed, loan amount, business credit building, APR, and other factors. Our tool also explains what each lender needs for the application process, as well as what they look for in the approval process.

Navigating the business credit landscape without hurting your business credit scores is tricky, but not impossible. By understanding how inquiries work, what your funding options are, and the best business loan options for your situation, you keep unnecessary hard inquiries at bay.

This article originally appeared on Nav.com and was re-purposed with their permission.

For information about Opportunity Fund’s small business loans, please contact us at 866-299-8173 or loans@opportunityfund.org.  For questions about your existing loan or other customer service questions, please contact us at 866-299-8173 or sbhelp@opportunityfund.org.


Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. Last year, we made $60M in loans to help more than 2,200 small business owners invest in their businesses.  Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.

Visit us online at http://opportunityfundloan.org and follow us on Facebook and Twitter

Krista had a cutting edge vision to reinvent her photography business, but she couldn’t get the financing she needed to make her dream a reality. We said yes to her vision, and now Dream Home Images is thriving.

Our customers inspire us every day, and we want to regularly share those stories to inspire you, too. This week, read about Krista Abel of Dream Home Images in Scotts Valley. Krista had a cutting edge vision to reinvent her photography business, but she couldn’t get the financing she needed to make her dream a reality. We said yes to her vision, and now Dream Home Images is thriving.

Cutting Edge Vision

Krista Abel has worked as a photographer for the last seven years. Three years ago, she had a vision for her photography business that required a huge change. She built Dream Home Images in Scotts Valley into an architecture photography business to support business owners in need of professional photography for their properties: real estate agents, custom home developers, and hotels.

Dream Home Images specializes in 3D imaging that provides a totally immersive view to the user. Krista has worked hard to rebrand her business with cutting edge technology. Even as Dream Home Images grew, Krista faced financial trouble as a single mother living and working in an expensive area. She needed a small business loan to fund equipment purchases and software upgrades. She had good credit history but couldn’t get the help she needed from traditional lending sources.

That’s when Opportunity Fund came in.

Krista Abel - Dream Home Images

Krista shoots photos on site at a property (Photo courtesy of Heimo Schmidt)

Working Capital for Working Moms

In February 2016, Krista called Opportunity Fund and connected with loan consultant Griselda Gil-Solis. Griselda helped Krista get approved for her first loan with us for $2,600. The funds covered her company’s rebranding and upgrades for photography and lighting equipment.

“I never thought I’d get a call back,” Krista said. I thought I would get denied because nobody believed in what I was doing. A few days later I was approved. One day later, I had the funds in my account.”

The fast and easy process made Krista believe in us. She came back for a second loan for $4,900 in June 2016, this time to finance the 3D imaging equipment. Thanks to the upgrades, Krista has seen a major increase in her business. That means the world to her and her family.

“Without Opportunity Fund, there was no way to get funding,” she said. “I was making minimum wage before I specialized in architecture photography. You can’t make it on minimum wage in Santa Cruz. Opportunity Fund has allowed me to be a mom, be passionate about my work, and help people in the community. Since you believed in me and my business, I don’t have to worry about things like how I can afford to buy groceries for my son or keep the lights on at home.”

Krista has big dreams for Dream Home Images. The company moved into a new office space in Scotts Valley, plus they’re adding more staff to help with traveling shoots. Of course, they’re always looking to buy better equipment to stay on the cutting edge of imaging technology.

We’re proud to help hardworking moms like Krista live their dreams and we’re happy to power the success of Dream Home Images.

We hope this story has inspired you, too. At Opportunity Fund, we offer easy-to-get, fast, and affordable small business loans to help small business owners succeed. Visit our home page to find out more.


Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. Last fiscal year, we made $60M in loans to help more than 2,200 small business owners invest in their businesses. Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.

Follow us on Facebook and Twitter

Each month, we’re sharing and promoting free and/or affordable events that help small business owners run their businesses better. This is your monthly calendar for in-person and virtual events in Northern and Southern California. Here are the best upcoming events in December.

Each month, we’re sharing and promoting the free and/or affordable events that help small business owners run their businesses better. This is your monthly calendar for in-person and virtual events in Northern and Southern California. Here are the best upcoming events in December.

Northern California/Sacramento

Workforce Development Symposium to Assist Small Businesses Grow and Succeed
Date: December 2, 2016 | 10:00 am PDT – 3:00 pm PDT
Location: 1001 Davis Street San Leandro, CA 94577 (map it)
Contact: 925-216-0939
Organization: Alameda County SBDC
Fee: Free

Alameda County Workforce Development Board, in partnership with the California Small Business Association, presents a Workforce Development Symposium to assist businesses grow and succeed. Join us to hear from key small business organizations like Alameda County Workforce Development Board, Alameda County Business Development Group, Small Business Development Center of Alameda County, GO BIZ – Governor’s Office for Regional/Statewide assistance with your business, East Bay Economic Development Alliance, and more!

Please RSVP your attendance by calling or texting 925-216-0939. Click here to register for this event.

Renaissance Women’s Networking Event
Date: December 14, 2016 | 6:30 pm PDT – 8:30 pm PDT
Location: Capital One Cafe
101 Post Street San Francisco, CA 94108 (map it)
Contact: Kareen Boncales | kboncales@rencenter.org | 415-348-6227
Organization: Renaissance Entrepreneurship Center
Fee: $15

Join Renaissance Entrepreneurship Center for an evening of fun, storytelling and connecting with inspiring women business owners! Catch Kyra Reed of Markyr Digital bringing her unique and fresh social-first approach to brand marketing and digital strategy as the guest speaker at this event. For her work spearheading the revitalization of the iconic Roxy Theater and Sunset Strip in Los Angeles entertainment district, she was named a ‘Social Media Pioneer,’ by Entrepreneur Magazine. In this role, she has one of the most prominent social media case studies to date. Her work has been featured in top tier media outlets including TechCrunch, The New York Times and NPR. Light dinner will be provided. Don’t miss this exciting event!

To register for this event, click here.

Writing a Compelling Business Plan
Date: December 8, 2016 | 1:00 pm PDT – 5:00 pm PDT
Location: Cal State Center East Bay
1000 Broadway Suite 109 Oakland, CA, 94607 (map it)
Contact: info@eastbayscore.org | 510-273-6611
Organization: East Bay SCORE
Fee: $40

Learn the key requirements to write a compelling business plan.  Every successful business start-up or expansion needs a plan, and this workshop helps transform great ideas into well thought-out written business roadmaps. Join East Bay SCORE’s workshop where you will learn why a business plan is important, how to evaluate your key strengths and incorporate them in your plan, and what subjects need to be covered in the plan and how they should be presented, including the executive summary and marketing financial basics.

Get first-hand instruction from SCORE professionals Jim Cogan & Jim Carlson, who are ready to share their many years of business planning experience with you. The $40 workshop Fee Includes a FREE download of SCORE’s 17 chapter guide “How to Start & Manage your Small Business”.

Click here to register for this event.

Southern California/San Diego

So I’ve Started My Business…. Now What?
Date: December 10, 2016 | 10:00 am PDT – 12:00 pm PDT
Location: Pasadena City College, Room 122
3035 E. Foothill Blvd. Pasadena, CA 91107 (map it)
Contact: 562-938-5020
Organization: SBDC Hosted By Pasadena City College
Fee: $25

The goal of this session is to help entrepreneurs either get on track or get back on track with their business. Whether they are dissatisfied with the initial performance of their business or wondering what to do next, this workshop will address their concerns.

So you have started your business. Let’s confirm your readiness and capacity level by revisiting a few core basics that are critical to developing a successful launch and operational strategy for your business. Are you ready?

Click here to register for this event.

De-Mystifying Financial Statements
Date: December 14, 2016 | 10:00 am PDT – 12:00 pm PDT
Location: 13430 Hawthorne Blvd. Hawthorne, CA 90250 (map it)
Contact: Martha Cisneros | mcisneros@elcamino.edu | 310-973-3177
Organization: SBDC Hosted by El Camino College
Fee: Free

Each business decision you make has a financial impact on your business. Understand and use the right tools to optimize results. Learn to use your basic financial statements and other key measurements to improve your decision making, interpret your company’s financial signals using ratios, and gain a “Plain English” understanding of basic business terminology. Learn to communicate with financial people and investors to attract capital for growth.

Click here to register for this event.

Federal and State Basic Payroll Tax Seminar
Date: December 14, 2016 | 9:00 am PDT – 3:00 pm PDT
Location: PACE Business Development Center
1055 Wilshire Blvd. Suite 900B Los Angeles, CA 90017 (map it)
Contact: Daniel Ing | ding@pacela.org | 213-353-9400
Organization: PACE Finance Corporation
Fee: Free

This workshop will cover both Federal and California payroll tax reporting requirements, reporting forms, employer obligations, payment requirements, and independent contractor reporting requirements.

Click here to register for this event.

Virtual

Workplace Benefits & High Road Employer Practices for California Small Businesses
Date: December 7, 2016 | 9:30 am PDT – 10:30 am PDT
Location: Online—Webinar
Contact: Rhea Aguinaldo
Organization: Small Business Majority
Fee: Free

Join the US Department of Labor Women’s Bureau Region 9 and Small Business Majority for a webinar about high-road employer practices, including equal pay, paid leave and a host of workplace benefits programs and policies.

Topics will include Equal Pay – why more companies are taking the White House Equal Pay Pledge and how it’s critical to communicate effectively about compensation to employees and customers, the California Fair Pay Act – what it means for small business , Covered California for Small Business, California’s Paid Family Leave Program and new paid sick days law , business benefits of high-road workplace benefits policies, and more! A question and answer period will follow.

Click here to register for this event.

Risk management for your business
Date: December 8, 2016 | 10:30 am PDT – 11:00 am PDT
Location: Online—Webinar
Contact: Larry Batten | larry.batten@sba.gov | 304-623-7447
Organization: SBA
Fee: Free

Mitigating risk in your small business is essential for business success. Good risk management planning allows you to see and plan for problems before they happen. Join the SBA and SCORE for this important free seminar.

Click here to register for this event.

Payroll Tax & Business Online Tutorials
Date: On demand
Location: Online—Webinar
Organization: State of California Employment Development Department
Fee: Free

The Employment Development Department (EDD) offers no-fee state payroll tax training, both classroom-based seminars and online tutorials. Both are designed to help employers comply with the state payroll tax laws. Review the selection of classroom seminars which are offered in a variety of locations throughout California.

The online tutorials, on the other hand, allow you to learn on your timetable, at your own pace, wherever you choose to access the Internet. Topics include e-Services for Business Tutorials, Employment Status Tutorials, and Payroll Tax Deposit (DE 88/DE 88ALL) Coupon Tutorials.

Click here to access the tutorials.


We’re looking for upcoming events to promote to small business owners like you. If you have an event you’d like to share with fellow business owners, contact us at sblending@opportunityfund.org.

For information about Opportunity Fund’s small business loans, please contact us at 866-299-8173 or loans@opportunityfund.org.  For questions about your existing loan or other customer service questions, please contact us at 866-299-8173 or sbhelp@opportunityfund.org.


Opportunity Fund is California’s largest and fastest-growing nonprofit lender to small businesses. Last year, we made $60M in loans to help more than 2,200 small business owners invest in their businesses.  Opportunity Fund invests in small business owners who do not have access to traditional financing. As a founding member and signatory to the Borrower’s Bill of Rights, we believe in the important role small businesses play in our community and the economy, and we aim to help owners financially succeed.

Visit us online at opportunityfundloan.org and follow us on Facebook  and Twitter

Opportunity Fund. Working Capital for Working People. opportunityfund.org