At a glance
From its website, read 2 Nov 2026PACE Finance Corporation is a loan fund based in Los Angeles, California. Its website describes microloans, SBA-backed loans and small-business loans. Stated loan amounts run from $5,000 to $500,000. Where it lends: Los Angeles County and Southern California. You can start an application online.
Each point is backed by a quote further down this page. Terms change: confirm with the lender.
How to reach them and apply
| Lending | (213) 353-9400 source |
|---|---|
| Apply online | Page with the application link |
| Website | www.pacela.org |
| Office (official list) | 1055 Wilshire Blvd. Suite 1475, Los Angeles, CA 90017 |
What their website says about applying
Fill out our loan inquiry form to connect with our team and explore your financing options.
sourceFill out the loan inquiry form below to begin the financing process and help our team better understand your needs.
source
Phone numbers and addresses are the ones on the lender's own site and the CDFI Fund list. CDFI Atlas does not take applications.
Who qualifies, in their words
- Collateral flexible or not always required
with flexible collateral requirements and loan counseling available to support borrowers throughout the financing process.
source
Only rules the lender's own pages state. Other requirements may apply.
Official record
CDFI Fund list, 21 Oct 2026| Institution type | Loan fund |
|---|---|
| Native CDFI | No |
| Date certified (as listed) | 6 Aug 2026 |
| RSSD ID | — (none listed) |
| Address | 1055 Wilshire Blvd. Suite 1475, Los Angeles, CA 90017 Directions (Google Maps) |
| Website | www.pacela.org |
Head officeBranch or officeApproximate (ZIP code area)
Map data © OpenStreetMap contributors, © OpenMapTiles, tiles OpenFreeMap. Head-office points: U.S. Census Bureau geocoder.
Loans and eligibility
Verified from lender site on 2 Nov 2026Read from 7 pages of the lender's website on 2 Nov 2026. Quotes are verbatim. Extracted with AI help from the pages listed below and checked automatically against them. Not reviewed by a person. Confidence: high. The Los Angeles office is closed during a move, but lending services are stated as still available. Terms change — confirm with the lender before applying.
| Product | Amount stated | Text on the lender's site (verbatim, incl. menu labels) | Page |
|---|---|---|---|
| Microloans | — | designed to help small businesses start or grow their operations. | source |
| SBA-backed loans (7(a)/504/Community Advantage) | — | SBA Microloans | source |
| Small-business loans | — | designed to support business expansion, stabilize cash flow, purchase equipment, or fund other operational needs. | source |
Loan sizes
Range used for the size filter: $5,000 to $500,000
Service area
Los Angeles County and Southern California
From startups to established enterprises, PFC serves small businesses across Los Angeles County and Southern California with a focus on driving local economic growth and job creation.
source
Counties this matches: Los Angeles County, CA
Borrower focus
- Startups
From startups to established enterprises, PFC serves small businesses across Los Angeles County
source
Languages
- No non-English service found on the pages we read.
Online application
Yes — the site links to an application. Fill out the loan inquiry form below to begin the financing process
source
Pages read (7)
- https://pacela.org/
- https://pacela.org/our-work/business/lending/
- https://pacela.org/our-work/business/loan-inquiry-form/
- https://pacela.org/2026/10/13/pace-awarded-the-program-of-excellence-accreditation-by-the-national-head-start-association/
- https://pacela.org/2026/03/27/pace-partners-with-council-district-1-to-support-new-small-business-grant-program/
- https://pacela.org/2022/04/14/pace-president-ceo-kerry-doi-testifies-in-congressional-hearing-on-sba-loan-program/
- https://pacela.org/our-work/housing/
Questions to ask when you contact them
Based on what their website said when we read it on 2 Nov 2026, and what it left out. Something missing here does not mean they don't offer it: ask.
- What interest rate and fees should I expect on your microloans and SBA-backed loans?
Their website does not state a rate for this. - How long can I take to repay?
No repayment terms are stated on their website. - Do you offer free coaching or help preparing my application?
CDFI certification requires development services, such as training or advice, alongside lending. - What documents will you need from me, and how long does a decision usually take?
Their website describes some application steps (above); ask for the full document list.
Write down the answers, who you spoke to and the date, and ask for the terms in writing before you sign.
CDFI Fund awards
CDFI Fund database, 3 Nov 2026$5.9 million in 9 awards from the U.S. Treasury's CDFI Fund, 2010–2022 (4 programs).
| Round year | Program | Amount |
|---|---|---|
| 2022 | CDFI Equitable Recovery Program | $2,400,507 |
| 2021 | CDFI Rapid Response Program | $1,826,265 |
| 2019 | CDFI Program, Financial Assistance | $225,000 |
| 2018 | CDFI Program, Financial Assistance | $400,000 |
| 2017 | CDFI Program, Financial Assistance | $225,000 |
| 2016 | CDFI Program, Financial Assistance | $500,000 |
| 2014 | CDFI Program, Financial Assistance | $125,000 |
| 2013 | CDFI Program, Financial Assistance | $100,000 |
| 2010 | CDFI Program, Technical Assistance | $100,000 |
These are awards and investments made to the institution itself to build its capital and capacity. They are not loans to borrowers, and an award does not mean the lender has money available for a particular loan today.
Source: CDFI Fund Searchable Awards Database, all 12,628 award records (1996–2025), read 3 Nov 2026. Years are the award round as the database lists it. Matched to the official CDFI list by exact name and state; see the method on the About page.
Size of the fund (IRS Form 990)
Fiscal year ending Dec 2023| Total assets | $18.6M |
|---|---|
| Total liabilities | $3.2M |
| Net assets | $15.3M |
| Total revenue | $1.4M |
| Notes and loans receivable, net (Part X line 7) | $4.8M |
End-of-year figures from the Form 990 this organisation filed with the IRS for the fiscal year ending December 2023 (tax year 2023; EIN 27-1285566, filed as “PACE FINANCE CORPORATION”), taken from the IRS Annual Extract of Tax-Exempt Organization Financial Data (returns processed in 2024). Figures are self-reported to the IRS, not audited by us, and lag one to two years behind today. The lender’s own annual report may show newer numbers. This organisation’s filings on ProPublica Nonprofit Explorer
Filings over time
| Fiscal year ending | Total assets | Net assets | Revenue | Notes and loans receivable |
|---|---|---|---|---|
| Dec 2021 (990) | $14.9M | $11.9M | $2.5M | $4.7M |
| Dec 2022 (990) | $17.4M | $14.9M | $4.4M | $4.4M |
| Dec 2023 (990) | $18.6M | $15.3M | $1.4M | $4.8M |
Total assets grew 25% from Dec 2021 to Dec 2023; notes and loans receivable were about flat. One row per fiscal year in the IRS extracts of returns processed in 2022, 2023, 2024; “—” = the line was empty or zero on that return (a fund can book its loans on other lines).
How it compares
Computed from public data| Measure | This lender | Compared with |
|---|---|---|
| SBA approvals, FY2023–24 → FY2025–26 | 0 → 3 | Rank among the 21 certified CDFIs in California with SBA approvals in either period: 19 → 12. |
| Largest loan its website states | $500,000 | Other loan funds whose website states a maximum: median $250,000. Higher than the stated maximum of 63% of these 184. |
| Total assets, latest IRS Form 990 | $18.6M | Larger than 51% of the 47 other certified loan funds and venture funds in California with a matched Form 990 (median $18.6M). |
How these comparisons were worked out
| Measure | Peer group (this lender left out) | Peers | Where this lender sits |
|---|---|---|---|
| SBA approvals then vs now | certified CDFIs in California with SBA approvals FY2023–2026 | 20 | rank 19 → 12 of 21 |
| Largest stated loan | other loan funds stating a maximum, nationwide | 184 | higher than 63% |
| Form 990 total assets | certified loan and venture funds with a Form 990, in California | 47 | larger than 51% |
“Larger than X%” = the share of the peer group with a smaller value. Ranks count from the largest. Peer groups use the lender's home state when it has at least 5 peers, otherwise the whole country. Full definitions: methodology.
For comparison, not an offer and not a rating. Past records show what this lender did, not what you would be offered; your rate depends on the loan and on the lender's review. Peer groups and sources: methodology. SBA 7(a) & 504 FOIA data as of 30 Sep 2026. Form 990 figures: IRS annual extracts (see the Form 990 section).
SBA loans approved
SBA data as of 30 Sep 2026The SBA's public loan data lists 6 SBA-backed approvals for PACE Finance Corporation in fiscal years 2020–2026 (October 2019 to September 2026):
- 6 7(a) loans as the lender: $530,000 in total (gross amount approved), median $90,000
By fiscal year: FY2020 3 · FY2021 0 · FY2022 0 · FY2023 0 · FY2024 0 · FY2025 0 · FY2026 3.
By program
- 7(a) Community Advantage (3, 50%)
- 7(a) standard (2, 33%)
- 7(a) working-capital and trade lines (1, 17%)
How this lender was matched in the SBA files: SBA lender ID 0494798: same name, state and city (SBA lists “PACE Finance Corporation”).
Approved is not the same as paid out: an approved loan can be reduced or never drawn. SBA lists the lender each loan is currently assigned to, which can differ after a merger or loan sale. PACE Finance Corporation may also make loans outside SBA programs, which are not counted here, and SBA Microloans are not in these files.
Source: U.S. Small Business Administration, 7(a) & 504 FOIA loan data, files as of 30 Sep 2026, downloaded 3 Nov 2026. Our counts, cancelled approvals left out. How we match lenders.
Other certified CDFIs in Los Angeles and California
- B.S.D. Capital, Inc. dba LendistryLoan fund · Los Angeles, CACommercial real estate loans, SBA-backed loans (7(a)/504/Community Advantage), Small-business loansVerified
- Episcopal Community Federal Credit UnionCredit union · Los Angeles, CAAuto / vehicle loans, Small-dollar / emergency loans, Nonprofit / community facility loans, Personal / consumer loans…Verified
- Genesis LA Economic Growth CorporationLoan fund · Los Angeles, CAOfficial list only
- Inclusive Action for the CityLoan fund · Los Angeles, CASmall-business loansVerified
- NHS Neighborhood Lending ServicesLoan fund · Los Angeles, CAOfficial list only
- Pacific Coast Regional, Small Business Development CorporationLoan fund · Los Angeles, CAMicroloans, Small-business loansVerified
- Sustainable Communities FundLoan fund · Los Angeles, CAOfficial list only
- USC Credit UnionCredit union · Los Angeles, CAAuto / vehicle loans, Energy / solar / efficiency loans, Home mortgages, Personal / consumer loansVerified
Work at PACE Finance Corporation? Link to this page
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CDFI Atlas is not a lender and does not give financial advice. Inclusion is not an endorsement, and lenders have not reviewed or approved these pages. Disclaimer.