VEDC/Aquaria Funds Provides Small Business Loan to Rubecon General Contracting, Inc. to Create Jobs in the Bay Area

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Transitional lender offers small business loans beginning at $50,000. To meet the demand for business capital in the Bay Area VEDC has formed Aquaria Funds, which offers business loans to entrepreneurs unable to obtain financing from traditional sources.


"Small business owners are facing disproportionate challenges in securing capital... We are very happy to bring our services and unique approach to small business finance to the Bay Area." - Lynn Fernandez, Vice President of Lending

To more effectively meet the demands for access to capital from small business owners, VEDC has formed Aquaria Funds. VEDC/Aquaria Funds offers business loans to entrepreneurs unable to obtain financing from traditional sources nationwide. VEDC/Aquaria Funds offers business loans as low as $50,000 up to $1,000,000. To date, $3 million has been loaned to businesses in the Bay Area, resulting in the creation of 84 news jobs and the saving of 195 jobs.

“We recognize that small business owners are facing disproportionate challenges in securing capital and the City of San Francisco has not been immune to this crisis,” states Lynn Fernandez, VEDC/Aquaria Funds Vice President of Lending. “VEDC/Aquaria Funds has been the lender of last resort for many good companies that have struggled the past few years. We are very happy to be able to bring our services and unique approach to small business finance to the Bay Area.”

VEDC/Aquaria Funds is proud to announce the business loan funding of Rubecon General Contracting, owned and operated by Ruben Santana in San Francisco. Rubecon has specialized in construction projects for civic, academic and healthcare institutions in the Greater San Francisco Bay Area since 1993.

Ruben came to VEDC/Aquaria Funds as his last option. He had a project to complete but despite his good credit score and clean credit history a number of commercial lenders would not approve a loan due to the nature of his business. Rubecon was even turned away by the City of San Francisco’s small business loan program. Without funding from VEDC/Aquaria Funds, Rubecon General Contracting would have been forced to close their doors.

“VEDC/Aquaria Funds was able to provide financing for my business at a critical time. Without this financing, my business would have closed,” said Ruben Santana, owner of Rubecon General Contracting, Inc. “They were able to be flexible and creative with my business loan. I am now able to work on improving operations and move forward on new projects. Thank you to all at the VEDC/Aquaria Funds.”

With this funding, Ruben has not only saved his business, he will also be able to create 15 new living wage jobs and save 10 existing jobs at Rubecon General Contracting.

VEDC is a non-profit Community Development Financial Institution (CDFI) that has been supporting small business owners for 37 years with the goal of making economic dreams a reality. As a transitional small business lender, VEDC loans money to small businesses that have not been able to obtain financing from a traditional lender. Aquaria Funds is new unit of VEDC, and offer small business loans in California.

VEDC/Aquaria Funds business loans start at $50,000 up to $1,000,000 and can be used for:

  •     Working Capital
  •     Business Purchase
  •     Equipment
  •     Inventory
  •     Tenant Improvements
  •     Owner Occupied Commercial Real Estate
  •     Debt Refinancing

For more information about VEDC dba Aquaria Funds loan programs you can visit, call Rosales Business Partners at 415.766.7523 or contact VEDC directly at 800.304.1755.


About VEDC

VEDC is the largest non-profit small business lender in California offering direct micro and small business loans through various programs including SBA Community Advantage and SBA 504 loans. As a national small business lender, VEDC lends $25 million annually, while providing direct business assistance services to more than 4,000 businesses. With seven offices nationwide VEDC has supported the small business owner for 37 years with the goal of creating and sustaining jobs and businesses in under-served communities. For more information visit

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