Small business loan guarantees in FY 18-19
Dollars financed in FY 18-19
Financing activity since 1994
Days a project could be financed
What is IBank?
The California Infrastructure and Economic Development Bank (IBank) was created in 1994 to finance public infrastructure and private development that promote a healthy climate for jobs, contribute to a strong economy and improve the quality of life in California communities. IBank has broad authority to issue tax-exempt and taxable revenue bonds, provide financing to public agencies, provide credit enhancements, acquire or lease facilities, and leverage State and Federal funds. IBank’s current programs include the Infrastructure State Revolving Fund (ISRF) Loan Program, California Lending for Energy and Environmental Needs (CLEEN) Center, the Climate Catalyst Revolving Loan fund, Small Business Finance Center and the Bond Financing Program.
Our Mission
To provide financial assistance and support infrastructure and economic development in California.
IBank finances projects and supports small businesses throughout California
City of Escondido
The City of Escondido will use the financing to provide a more reliable and efficient water and storage system to its residents, businesses and farmers. In an attempt to improve the safety, reliability and quality of water, the City…
Foothill Family Service
Foothill Family Service is a nonprofit corporation founded in 1926 in Pasadena that serves the greater Los Angeles community, providing mental health and counseling, behavioral health services, domestic violence prevention…
Pescavore
Pescavore is the premiere Ahi Tuna jerky brand of the Healthy Oceans Seafood Company. Their exclusively sustainable, wild-caught seafood, makes for delicious snacks that are packed with lean protein. Though only established in 2016, Matt and Clarice…
Latest News
CA Rebuilding Fund Launches with $25 Million Anchor Commitment from IBank to Support Small Businesses
With help from the California Infrastructure and Economic Development Bank (IBank) …
Governor Newsom Announces Launch of California Rebuilding Fund to Help State’s Smallest Businesses Protect their California Dream
SACRAMENTO – As businesses across the state face challenges brought on by the COVID-19 pandemic, Governor Gavin…
IBank Board Approves Bond Applications for IBank Programs and for Charter Schools
The California Infrastructure and Economic Development Bank (IBank) Board of Directors approved two resolutions presented during Wednesday’s Board…
Latest Tweets
Latest News
CA Rebuilding Fund Launches with $25 Million Anchor Commitment from IBank to Support Small Businesses
With help from the California Infrastructure and Economic Development Bank (IBank) …
Governor Newsom Announces Launch of California Rebuilding Fund to Help State’s Smallest Businesses Protect their California Dream
SACRAMENTO – As businesses across the state face challenges brought on by the COVID-19 pandemic, Governor Gavin…
IBank Board Approves Bond Applications for IBank Programs and for Charter Schools
The California Infrastructure and Economic Development Bank (IBank) Board of Directors approved two resolutions presented during Wednesday’s Board…
Latest Tweets
Leadership
Gavin Newsom
