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…
Cupcakin’ Bake Shop
Cupcakin’ Bake Shop, was established in January 2010 and is a bakery specializing in artisanal cupcakes located in Berkeley, CA. Lila Owens founded the bakery and has amassed a cult following. The bakery creates cupcakes…
Latest News
IBank Board Approves Loan Financing for Projects in Santa Cruz and Orville
The California Infrastructure and Economic Development Bank (IBank) Board of Directors approved loan financing for infrastructure projects in the City…
IBank Board Approves Resolutions Supporting High Speed Rail and Small Businesses in Need of Affordable Capital
IBank Board of Directors approved a resolution presented Wednesday that would create a new program under the Small Business Finance Center. The California Rebuilding Fund…
IBank and the Bay Area Air Quality Management District Partner for Financing Option for Projects and Products Addressing Climate Crisis
The Bay Area Air Quality Management District has awarded its first ever loan guarantee to SWITCH Maritime (“SWITCH”), a company building the first fleet of zero-emissions vessels in North America….
Latest Tweets
Latest News
IBank Board Approves Loan Financing for Projects in Santa Cruz and Orville
The California Infrastructure and Economic Development Bank (IBank) Board of Directors approved loan financing for infrastructure projects in the City…
IBank Board Approves Resolutions Supporting High Speed Rail and Small Businesses in Need of Affordable Capital
IBank Board of Directors approved a resolution presented Wednesday that would create a new program under the Small Business Finance Center. The California Rebuilding Fund…
IBank and the Bay Area Air Quality Management District Partner for Financing Option for Projects and Products Addressing Climate Crisis
The Bay Area Air Quality Management District has awarded its first ever loan guarantee to SWITCH Maritime (“SWITCH”), a company building the first fleet of zero-emissions vessels in North America….
Latest Tweets
Leadership
Gavin Newsom
Scott Wu
