California Infrastructure and Economic Development Bank

Small Business Loan Guarantee Program

The California Small Business Loan Guarantee Program (SBLGP) works to help businesses create and retain jobs, while at the same time encouraging investment into low- to moderate-income communities.Business size eligibility for the SBLGPgenerally follows the U.S. Small Business Administration 7(a) program guidelines.The SBLGP provides loans to small businesses that experience capital access barriers. Through this program, a small business can establisha favorable credit history with a lender and obtain access to future loans on its own, independent of the program.

Guarantee Terms:
  • Available to loans no greater than $20 million
  • Maximum Loan Guarantee Liability $2.5 million
  • Maximum Loan Guarantee Percentage 80%
  • Maximum Loan Guarantee Term 7 years
  • Loan Guarantee fee 2%
  • Loan Documentation fee $250
Business Size:Must target an average borrower-size of 500 or fewer employees as defined in 13 CFR 121.106; and cannot extend credit support to borrowers with more than 750 employees. Non-profit organizations also qualify to participate in the loan guarantee program.
Acceptable Loan Purposes:The proceeds of loans financed through the program shall be used in California:
  • Business purposes such as expansion into new facilities,
  • Purchase of equipment,
  • New market development,
  • Working capital,
  • Lines of credit,
  • Franchise fees,
  • New construction or renovation,
  • Refinancing of existing loan debt (with conditions)
  • SBA 504 gap financing before the SBA debenture is available

Qualifying small business owners may apply for an SBLGP loan or get additional information by contacting a Financial Development Corporation (FDC) in your area.Tofind and contact an FDC nearest to you, please select from the list below orclickhereanduse the mapping tool by entering your address and selecting the check box for 'Financial Development Corporations'.

CaliforniaCapitalFinancialDevelopmentCorporation

ClarenceWilliams,President

2000 OStreet,Suite250

Sacramento,CA95814

Voice:916-442-1729

Fax:916-442-7852

E-mail:cwilliams@cacapital.org

www.cacapital.org

CaliforniaCoastalRuralDevelopmentCorporation

Karl Zalazowski,President

221MainStreet,Suite301

Salinas,CA93901

Voice:831-424-1099

Fax:831-424-1094

E-mail:karl_zalazowski@calcoastal.org

www.calcoastal.org

CaliforniaSouthernSmallBusinessDevelopmentCorporation

MichaelMcCraw,President

2825DeweyRoad

Building202,Suite205

SanDiego,CA92106

Voice:619-232-7771

Fax:619-232-6743

E-mail:mmccraw@casouth.com

www.casouth.com

HancockSmallBusinessFinancialDevelopmentCorporation

EdwardH.Lee,President

4022W.OlympicBoulevard

LosAngeles,CA90019

Voice:323-933-4311

Fax:323-933-4312

E-mail:edwardlee@hsbfdc.org

www.hsbfdc.org

Nor-Cal FinancialDevelopmentCorporation

ElzaMinor,President

300 FrankH. OgawaPlaza,Suite175

Oakland,CA94612

Voice:510-452-4407

Fax:510-452-4405

E-mail:em1nor@yahoo.com

www.nor-calfdc.org


SmallBusiness FinancialDevelopmentCorporation of OrangeCounty

MichaelA.Ocasio,President &CEO

217NorthMainStreet,Suite115

SantaAna,CA.92701

Voice:714-571-1900

Fax:714571-1905

E-mail:mocasio@sbfdoc.com

www.sbfdoc.com

PacificCoastRegionalSmallBusinessDevelopmentCorporation

MarkJ.Robertson,Sr.,President

3255WilshireBoulevard,Suite1501

LosAngeles,CA90010

Voice:213-739-2999,Ext.225

Fax:213-739-0639

E-mail:mark_robertson@pcrcorp.org

www.pcrcorp.org


StateAssistance FundforEnterprise-BusinessandIndustrialDevelopmentCorporation

MaryJoDutra,President

1377CorporateCenterParkway,Suite ASantaRosa,CA95407

Voice:707-577-8621or1-800-273-8637

Fax:707-577-7348

E-mail:mjd@safe-bidco.com

www.safe-bidco.com

ValleySmallBusinessDevelopmentCorporation

DebbieRaven,CEO

7035North FruitAvenue

Fresno,CA93711

Voice:559-438-9680

Fax:559-438-9690

E-mail:draven@vsbdc.com

www.vsbdc.com


For additional information about the SBLGP not available on this website or through an FDC, please contact:

Teveia R. Barnes, SBLGP Program Manager
1325 J Street, 18th Floor
Sacramento, CA 95814
E-mail:ibank@ibank.ca.gov
Telephone: (916) 322-1399
FAX: (916) 322-6314

or

Dan Apodaca, SBLGP Assistant Program Manager
1325 J Street, 18th Floor
Sacramento, CA 95814
E-mail:Dan.Apodaca@ibank.ca.gov
Telephone: (916) 327-2028
FAX: (916) 322-6314