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In order to apply for a loan from the Loan Program, the applicant must:
Have received business training or education OR have completed the Self-Employment Training program through Women’s Economic Ventures OR have demonstrated business experience and/or time in business.
Have a written business plan for loans over $5,000.
Own and control at least 51% of the business.
Have resided within Santa Barbara County or Ventura County for at least one year.
Be a U.S. citizen or legal permanent resident, or have an ITIN and filed taxes for the most recent year.
Be able to accept the loan terms.