Los Angeles County Lacounty #EWOI-FIN-01

Los Angeles County Seeks Loan Administration Services for Employee and Worker Ownership Transitions

Los Angeles County's Economic Opportunity department is seeking proposals for financial services to facilitate business expansions and transitions to employee or worker ownership models. - Government Buyer: - Economic Opportunity department, Los Angeles County - Products/Services Requested: - Loan administration services to support business transitions - Commodity code: 94660 - OEMs and Vendors: - No specific OEMs or vendors are named in the solicitation - Notable Requirements: - Demonstrated expertise in loan administration - Experience supporting business transitions to employee or worker ownership - Estimated Contract Value: - $2,136,000 - Place of Performance: - Los Angeles County, California

Description

This solicitation seeks a proposer to provide financial services aimed at supporting business expansions and transitions to employee or worker ownership models. The scope includes loan administration services to facilitate these ownership changes. The contract is managed by the Economic Opportunity department of Los Angeles County. The estimated bid amount is $2,136,000, and proposals are due by May 1, 2026.

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