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Whether you plan on relocating to Downey or currently live in the city, the California Department of Business Oversight website offers you numerous resources that help you learn about acquiring financing. The comprehensive website also includes consumer alerts and advisories to prevent fraudulent lending practices.
Located about 13 miles southeast of downtown LA, Downey comprises part of the Gateway Cities formed in Los Angeles County. NASA built a facility in the city to create the Apollo Space program. Musicians Karen and Richard Carpenter came from the city and the oldest still open McDonald’s in the world calls the inner ring community home. After rapid population growth during the 1990s, the city has experienced slower growth, as evident by the 1.3 percent population increase in 2016.
Downey enjoys a rich cultural heritage that includes the Downey Symphony. Since 1948, the professional orchestra has performed three concerts every year at the Downey Civic Center. The symphony puts on a free summer concert at Furman Park as well. As the only art gallery in the city, Stay Gallery opened in 2012 to positive reviews from arts and culture critics. The city council budgets funds to sustain the non-profit art gallery. A short drive north on Interstate 710 to Interstate 10 takes residents to numerous cultural attractions in downtown Los Angeles.
In 2017, the Los Angeles County Economic Development Corporation recognized Downey as the county’s “Most Business Friendly City for area communities that have populations exceeding 68,000 residents. The city benefits from a diverse business community, which helps weather the economic storms caused by recessions. Companies operate in the retail, hospitality, automotive, and healthcare business niches. Kaiser Permanente, Stonewood Center, and Downey Unified School District represent the three largest employers.
The city boasts several family-friendly municipal parks, as well as organized recreational activities such as soccer and softball. Mild temperatures throughout the year motivate residents to take advantage of the dozens of miles of hiking and cycling trails, some of which connect to the trail systems created by neighboring communities.
By inquiring about a personal loan, you can help finance the purchase of a home in the city or pay for a major overhaul of a small business. Several financial institutions offer personal loan packages to help residents meet their financial goals.
Learn more about what Downey is all about by visiting the official city website. The city publishes information about upcoming events.