About Us
SFV-FDC is a tax-exempt non-profit 501(c)(3) corporation formed by VEDC. With 35 years experience, VEDC’s goal is to create and sustain jobs & businesses in low to moderate income communities by providing high-quality economic development services. The SFV-FDC primarily serves as the regional vehicle for loan guarantees to commercial banks through the California Small Business Loan Guarantee Program, currently operating out of the State’s Business, Transportation and Housing Agency.
SFV-FDC, which became fully operational in 2001, is a community development financial institution. Its goal is to provide an effective vehicle for community development, as well as business and job growth in the Northeast San Fernando Valley. It does that through a variety of business loan programs, microenterprise, entrepreneur and small business counseling, as well as financial literacy workshops and employment training to local residents.
