GET $800 TO COVER THE LLC FILING FEE
MAKE LOW MONTHLY PAYMENTS
BUILD YOUR CREDIT HISTORY
ACCESS ONLINE FINANCIAL EDUCATION
AVAILABLE IN CALIFORNIA ONLY
Starting a business can be expensive. In order to complete the registration of your LLC, you’ll need to cover an $800 fee — the California Minimum Franchise Tax. Our LLC Loan Program offers an easy-to-follow process and an affordable way to pay for this fee, add liability protection to your business, and build your credit.
Apply online for an LLC Loan and complete the financial education courses. We’ll mail you a check made out to the California Franchise Tax Board within a week of your application being approved.
Mail your $800 check and your LLC Tax Voucher to the California Franchise Tax Board. Monthly payments will be debited from your checking account, and these payments will be reported to all three major credit bureaus!
Access additional resources
Use MyMAF to learn how to kick-start your journey to self-employment. The app offers step by step guidance and resources to financially support yourself and your family through your business.
Explore self-employment options, such as independent contracting and the gig economy. Hear from a panel of self-employed individuals and access resources to jumpstart your entrepreneurial journey.
Learn how to become an independent contractor. We’ll dive into the steps to get started, what types of independent contracting make sense for you, and even legal considerations and taxes.
Learn about the benefits of forming an LLC business, including liability and privacy protection as well as tax advantages. Access resources, and hear case studies about when and why entrepreneurs form LLCs.
It’s easier than you might think to plan for immigration emergencies. Hear from the Lawyers Committee for Civil Rights (SF LCCR), and learn about the concrete steps you can take to protect your business.
This app helps you track your progress, view your loans, payment history, and details about your program. You’ll also get updates and reminders about your program through the app.
“Sometimes it can be hard to come up with $465,” says Gustavo Cerritos, 22, an immigrant being helped by Mission Asset Fund.”
“Nonprofits and government organizations have stepped in to help: Mission Asset Fund, a nonprofit in the San Francisco Bay Area, is covering Amzi’s application, along with that of 6,000 other Dreamers.”
“I just don’t want money to be an excuse for people not applying,” said Ceja, who is a DACA recipient himself.”
“These are families that want to give to society and help build this society. I’ve lived it—that’s my family.”