AMPAC Tri-State CDC, Inc.
Nonprofit SBA lender in CA, AZ, NV: 504 loans at 6.97% fixed (25 yr) and 7(a) loans $15K to $350K (median 13.25%). Microloans to $50K. Best for owner-occupied property.
Rates & Cost
What the financing costs, normalized so lenders can be compared.
Repayment Terms
How and how fast you pay it back, and how flexible it is.
Eligibility & Access
Who qualifies and what you have to put on the line.
Speed & Service
How fast you get funded and how the lender treats you.
Company Verification
Who actually stands behind the lender: legal entity, registration, and how long the business and its website have existed. Checked against public registries.
Best for: Owner-operators in California, Arizona or Nevada who want an SBA 504 loan for their building or equipment, or an SBA 7(a) loan of up to $350,000, from a nonprofit lender.
Not for: Borrowers outside those three states, anyone needing more than $350,000 in working capital, or businesses that need cash within days.
Lender List verdict: AmPac Business Capital (legally AMPAC Tri-State CDC, Inc.) pairs low fixed-rate 504 loans (6.97% for 25 years in October 2026) with small 7(a) and microloans that banks often skip. The catch is 7(a) cost: its median rate over the last 12 months was 13.25%, so compare offers before you sign.
AmPac Business Capital at a glance
AmPac Business Capital is a nonprofit SBA lender in Ontario, California, making 504, 7(a) and microloans in three states.
| AmPac Business Capital | |
|---|---|
| Lender type | Nonprofit SBA Certified Development Company (CDC) and CDFI |
| Founded / HQ | 2005 / Ontario, California |
| Products | SBA 504, SBA 7(a) Community Advantage, SBA Microloan, down payment help |
| Amounts | 7(a) $15,000 to $350,000; microloans to $50,000; 504 projects to $30M |
| Parent/owner | Independent private nonprofit |
| Cost (headline) | 504 6.97% fixed (25-year); 7(a) median 13.25% |
| Term | 7(a) 10 to 25 years; 504 10, 20 or 25 years; microloan up to 7 years |
| Funding speed | Lender does not publish |
| Status | Active; 118 SBA 7(a) loans in the 12 months to June 30, 2026 |
What is AmPac Business Capital?
AmPac Business Capital is the trade name of AMPAC Tri-State CDC, Inc., a private nonprofit lender founded in 2005 by Hilda Kennedy in Ontario, California. It began as an SBA Certified Development Company, later earned U.S. Treasury CDFI certification, and says it was the nation's first faith-based 504 lender. It reports more than $2 billion in SBA loans to over 2,000 businesses.
AmPac lends only in California, Arizona and Nevada; restaurants and personal-service businesses lead its SBA 7(a) book.
SBA 7(a) vs. 504 at AmPac Business Capital
AmPac Business Capital uses 504 loans for owner-occupied real estate and long-life equipment, and 7(a) Community Advantage loans of up to $350,000 for most other needs. AmPac does not state Preferred Lender (PLP) status; its 7(a) loans run under SBA Community Advantage.
| SBA 7(a) data | FY2025 | FY2026 (to Jun 30) |
|---|---|---|
| Loans approved | 146 | 82 |
| Dollars approved | $20.2M | $11.2M |
| Average loan size | $138K | $136K |
Source: SBA 7(a) FOIA data, FY2020–present, as of June 30, 2026 (data.sba.gov).
- 504: a bank holds a 50% first lien, AmPac's SBA debenture covers up to 40%, and you put in 10% (20% for startups under two years or special-use buildings). The SBA share reaches $5M on fixed terms with no balloon.
- 7(a): $15,000 to $350,000 in SBA data (median $150,000), 99% variable-rate, for working capital, acquisitions, partner buyouts, equipment and refinancing.
- Microloan: up to $50,000 at a fixed 10% for up to seven years; no debt refinancing.
- Down payment help (California): up to half the down payment, capped at $100,000, for qualifying minority-, women-, veteran-owned and first-time buyers.
AmPac Business Capital rates and fees: what it really costs
AmPac Business Capital's 504 rate was 6.97% fixed for 20 or 25 years (6.60% for 10) in October 2026, while its 7(a) loans had a median starting rate of 13.25% in the 12 months to June 30, 2026.
7(a) rates are WSJ Prime plus a spread the SBA caps by loan size. With Prime at 7.00%, the ceilings are 13.5% up to $50,000, 13.0% from $50,001 to $250,000 and 11.5% from $250,001 to $350,000, so AmPac's median sits at or near the maximum.
- SBA guaranty fee (7(a), FY2027): 2% of the guaranteed portion up to $150,000; 3% from $150,001 to $700,000
- 504 fees: about 2.15% of the SBA portion plus legal costs, financed into the loan; the bank may add 0% to 2% in points
- Prepayment: no AmPac penalty on non-real-estate 7(a) loans; SBA fee only on 15+ year loans prepaid early
- 7(a) lender fees: lender does not publish
Worked example: a $350,000, 10-year 7(a) loan at the 11.5% cap (AmPac's 13.25% median is above the cap for this loan size, so the cap is used) costs $4,920.84 a month. Over 120 payments you repay $590,500.86, or $240,500.86 in interest. Add the SBA guaranty fee ($350,000 × 75% × 3% = $7,875) and the total cost is $248,375.86, about 12.06% APR. A typical $150,000 loan at 13.0% runs $2,239.66 a month, about 13.44% APR with its $2,550 fee.
AmPac Business Capital requirements
AmPac Business Capital requires an SBA-eligible, for-profit business owned 100% by U.S. citizens, with at least 10% equity in the deal.
| Requirement | AmPac minimum |
|---|---|
| Personal credit score | Lender does not publish; credit profile reviewed |
| Time in business | None stated; 504 startups put 20% down |
| Size test | Tangible net worth $20M or less; average after-tax net income $6.5M or less |
| Occupancy (real estate) | At least 51% owner-occupied (60% new construction) |
| Personal guarantee | Every owner of 20% or more (SBA rule) |
| Location | California, Arizona or Nevada |
Pros and cons
AmPac's strength is cheap fixed-rate 504 money; its weakness is 7(a) pricing near the SBA ceiling.
Pros
- 504 rates under 7% fixed for up to 25 years
- 7(a) loans from $15,000 and microloans to $50,000
- Up to $100,000 in down payment help for qualifying California buyers
- Nonprofit CDC and CDFI lending since 2005
Cons
- 7(a) median rate of 13.25% sits near the SBA maximum
- Three states only; 7(a) capped at $350,000
- No published credit floor, lender fees or closing timeline
AmPac Business Capital vs. Lendistry vs. iBusiness Funding
AmPac Business Capital is the regional 504 specialist; Lendistry and iBusiness Funding offer larger 7(a) loans nationwide.
| AmPac | Lendistry | iBusiness Funding | |
|---|---|---|---|
| Max SBA 7(a) | $350,000 | $5,000,000 | $5,000,000 |
| SBA pricing | Median 13.25% | From 8.25% (≤$350K) | From Prime + 2.75% |
| Min FICO | Lender does not publish | 620 | 640 |
Choose AmPac to buy a building or equipment in CA, AZ or NV at a fixed 504 rate. Choose Lendistry for a 7(a) above $350,000 with published credit rules. Choose iBusiness Funding for an online application matched to a network lender.
AmPac Business Capital alternatives on Lender List
These lenders handle SBA deals above $350,000 or outside AmPac's three states.
- Lendistry — SBA 7(a) loans from $10,000 to $5M
- iBusiness Funding — national SBA platform, 7(a) loans from $15,000 to $5M
- Browse SBA 504 loans, SBA 7(a) loans and SBA microloans
Frequently asked questions about AmPac Business Capital
AmPac Business Capital lends in three states; six common questions follow.
Is AmPac Business Capital Legit? Yes. AmPac Business Capital is a nonprofit SBA Certified Development Company and Treasury-certified CDFI operating since 2005. SBA records show 296 7(a) loans worth $47.1M since FY2020, with four charge-offs. Its app has a 5.0 rating from 43 App Store users; BBB and Trustpilot ratings not verified. Its news page shows no merger, shutdown or regulatory action.
Is AmPac Business Capital the Same as AMPAC Tri-State CDC? Yes. AMPAC Tri-State CDC, Inc. is the legal entity, and AmPac Business Capital is the brand it uses on ampac.com, its offices and its loan portal. SBA loan records and its App Store listing carry the legal name, so both names point to the same Ontario, California lender.
How Long Does AmPac Take to Close an SBA Loan? AmPac Business Capital does not publish a closing timeline. A 504 loan involves a bank, AmPac and the SBA, so it usually takes longer than a 7(a) loan. For comparison, Lendistry quotes 5 to 20 business days for 7(a) loans of $350,000 or less.
Does AmPac Business Capital Lend to Startups? Yes, with conditions. 504 borrowers in business under two years must put 20% down instead of 10%, and pre-revenue businesses can seek a microloan of up to $50,000 with a business plan and projections. 7(a) applicants may qualify on projected cash flow.
How Many Years Do You Have to Pay Back an AmPac SBA Loan? AmPac SBA loans run 10 years for working capital, up to 25 years for owner-occupied real estate and up to seven years for microloans. Its 504 loans use fixed 10-, 20- or 25-year terms with no balloon; the median 7(a) term is 120 months.
What States Does AmPac Business Capital Serve? AmPac Business Capital serves California, Arizona and Nevada only, from offices in Ontario, Sacramento, San Bernardino and Palm Desert, California, plus Tucson, Arizona. Since FY2020, 268 of its 296 SBA 7(a) loans financed California projects, and its down payment programs are California-only.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
Best for: Owner-operators in California, Arizona or Nevada who want an SBA 504 loan for their building or equipment, or an SBA 7(a) loan of up to $350,000, from a nonprofit lender.
Not for: Borrowers outside those three states, anyone needing more than $350,000 in working capital, or businesses that need cash within days.
Lender List verdict: AmPac Business Capital (legally AMPAC Tri-State CDC, Inc.) pairs low fixed-rate 504 loans (6.97% for 25 years in October 2026) with small 7(a) and microloans that banks often skip. The catch is 7(a) cost: its median rate over the last 12 months was 13.25%, so compare offers before you sign.
AmPac Business Capital at a glance
AmPac Business Capital is a nonprofit SBA lender in Ontario, California, making 504, 7(a) and microloans in three states.
| AmPac Business Capital | |
|---|---|
| Lender type | Nonprofit SBA Certified Development Company (CDC) and CDFI |
| Founded / HQ | 2005 / Ontario, California |
| Products | SBA 504, SBA 7(a) Community Advantage, SBA Microloan, down payment help |
| Amounts | 7(a) $15,000 to $350,000; microloans to $50,000; 504 projects to $30M |
| Parent/owner | Independent private nonprofit |
| Cost (headline) | 504 6.97% fixed (25-year); 7(a) median 13.25% |
| Term | 7(a) 10 to 25 years; 504 10, 20 or 25 years; microloan up to 7 years |
| Funding speed | Lender does not publish |
| Status | Active; 118 SBA 7(a) loans in the 12 months to June 30, 2026 |
What is AmPac Business Capital?
AmPac Business Capital is the trade name of AMPAC Tri-State CDC, Inc., a private nonprofit lender founded in 2005 by Hilda Kennedy in Ontario, California. It began as an SBA Certified Development Company, later earned U.S. Treasury CDFI certification, and says it was the nation's first faith-based 504 lender. It reports more than $2 billion in SBA loans to over 2,000 businesses.
AmPac lends only in California, Arizona and Nevada; restaurants and personal-service businesses lead its SBA 7(a) book.
SBA 7(a) vs. 504 at AmPac Business Capital
AmPac Business Capital uses 504 loans for owner-occupied real estate and long-life equipment, and 7(a) Community Advantage loans of up to $350,000 for most other needs. AmPac does not state Preferred Lender (PLP) status; its 7(a) loans run under SBA Community Advantage.
| SBA 7(a) data | FY2025 | FY2026 (to Jun 30) |
|---|---|---|
| Loans approved | 146 | 82 |
| Dollars approved | $20.2M | $11.2M |
| Average loan size | $138K | $136K |
Source: SBA 7(a) FOIA data, FY2020–present, as of June 30, 2026 (data.sba.gov).
- 504: a bank holds a 50% first lien, AmPac's SBA debenture covers up to 40%, and you put in 10% (20% for startups under two years or special-use buildings). The SBA share reaches $5M on fixed terms with no balloon.
- 7(a): $15,000 to $350,000 in SBA data (median $150,000), 99% variable-rate, for working capital, acquisitions, partner buyouts, equipment and refinancing.
- Microloan: up to $50,000 at a fixed 10% for up to seven years; no debt refinancing.
- Down payment help (California): up to half the down payment, capped at $100,000, for qualifying minority-, women-, veteran-owned and first-time buyers.
AmPac Business Capital rates and fees: what it really costs
AmPac Business Capital's 504 rate was 6.97% fixed for 20 or 25 years (6.60% for 10) in October 2026, while its 7(a) loans had a median starting rate of 13.25% in the 12 months to June 30, 2026.
7(a) rates are WSJ Prime plus a spread the SBA caps by loan size. With Prime at 7.00%, the ceilings are 13.5% up to $50,000, 13.0% from $50,001 to $250,000 and 11.5% from $250,001 to $350,000, so AmPac's median sits at or near the maximum.
- SBA guaranty fee (7(a), FY2027): 2% of the guaranteed portion up to $150,000; 3% from $150,001 to $700,000
- 504 fees: about 2.15% of the SBA portion plus legal costs, financed into the loan; the bank may add 0% to 2% in points
- Prepayment: no AmPac penalty on non-real-estate 7(a) loans; SBA fee only on 15+ year loans prepaid early
- 7(a) lender fees: lender does not publish
Worked example: a $350,000, 10-year 7(a) loan at the 11.5% cap (AmPac's 13.25% median is above the cap for this loan size, so the cap is used) costs $4,920.84 a month. Over 120 payments you repay $590,500.86, or $240,500.86 in interest. Add the SBA guaranty fee ($350,000 × 75% × 3% = $7,875) and the total cost is $248,375.86, about 12.06% APR. A typical $150,000 loan at 13.0% runs $2,239.66 a month, about 13.44% APR with its $2,550 fee.
AmPac Business Capital requirements
AmPac Business Capital requires an SBA-eligible, for-profit business owned 100% by U.S. citizens, with at least 10% equity in the deal.
| Requirement | AmPac minimum |
|---|---|
| Personal credit score | Lender does not publish; credit profile reviewed |
| Time in business | None stated; 504 startups put 20% down |
| Size test | Tangible net worth $20M or less; average after-tax net income $6.5M or less |
| Occupancy (real estate) | At least 51% owner-occupied (60% new construction) |
| Personal guarantee | Every owner of 20% or more (SBA rule) |
| Location | California, Arizona or Nevada |
Pros and cons
AmPac's strength is cheap fixed-rate 504 money; its weakness is 7(a) pricing near the SBA ceiling.
Pros
- 504 rates under 7% fixed for up to 25 years
- 7(a) loans from $15,000 and microloans to $50,000
- Up to $100,000 in down payment help for qualifying California buyers
- Nonprofit CDC and CDFI lending since 2005
Cons
- 7(a) median rate of 13.25% sits near the SBA maximum
- Three states only; 7(a) capped at $350,000
- No published credit floor, lender fees or closing timeline
AmPac Business Capital vs. Lendistry vs. iBusiness Funding
AmPac Business Capital is the regional 504 specialist; Lendistry and iBusiness Funding offer larger 7(a) loans nationwide.
| AmPac | Lendistry | iBusiness Funding | |
|---|---|---|---|
| Max SBA 7(a) | $350,000 | $5,000,000 | $5,000,000 |
| SBA pricing | Median 13.25% | From 8.25% (≤$350K) | From Prime + 2.75% |
| Min FICO | Lender does not publish | 620 | 640 |
Choose AmPac to buy a building or equipment in CA, AZ or NV at a fixed 504 rate. Choose Lendistry for a 7(a) above $350,000 with published credit rules. Choose iBusiness Funding for an online application matched to a network lender.
AmPac Business Capital alternatives on Lender List
These lenders handle SBA deals above $350,000 or outside AmPac's three states.
- Lendistry — SBA 7(a) loans from $10,000 to $5M
- iBusiness Funding — national SBA platform, 7(a) loans from $15,000 to $5M
- Browse SBA 504 loans, SBA 7(a) loans and SBA microloans
Frequently asked questions about AmPac Business Capital
AmPac Business Capital lends in three states; six common questions follow.
Is AmPac Business Capital Legit? Yes. AmPac Business Capital is a nonprofit SBA Certified Development Company and Treasury-certified CDFI operating since 2005. SBA records show 296 7(a) loans worth $47.1M since FY2020, with four charge-offs. Its app has a 5.0 rating from 43 App Store users; BBB and Trustpilot ratings not verified. Its news page shows no merger, shutdown or regulatory action.
Is AmPac Business Capital the Same as AMPAC Tri-State CDC? Yes. AMPAC Tri-State CDC, Inc. is the legal entity, and AmPac Business Capital is the brand it uses on ampac.com, its offices and its loan portal. SBA loan records and its App Store listing carry the legal name, so both names point to the same Ontario, California lender.
How Long Does AmPac Take to Close an SBA Loan? AmPac Business Capital does not publish a closing timeline. A 504 loan involves a bank, AmPac and the SBA, so it usually takes longer than a 7(a) loan. For comparison, Lendistry quotes 5 to 20 business days for 7(a) loans of $350,000 or less.
Does AmPac Business Capital Lend to Startups? Yes, with conditions. 504 borrowers in business under two years must put 20% down instead of 10%, and pre-revenue businesses can seek a microloan of up to $50,000 with a business plan and projections. 7(a) applicants may qualify on projected cash flow.
How Many Years Do You Have to Pay Back an AmPac SBA Loan? AmPac SBA loans run 10 years for working capital, up to 25 years for owner-occupied real estate and up to seven years for microloans. Its 504 loans use fixed 10-, 20- or 25-year terms with no balloon; the median 7(a) term is 120 months.
What States Does AmPac Business Capital Serve? AmPac Business Capital serves California, Arizona and Nevada only, from offices in Ontario, Sacramento, San Bernardino and Palm Desert, California, plus Tucson, Arizona. Since FY2020, 268 of its 296 SBA 7(a) loans financed California projects, and its down payment programs are California-only.
Last verified 2026-10-27. Pricing and terms are provider-stated or third-party-reported and vary by offer; confirm with the lender before applying.
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