Small Business Finance Center (SBFC)

The SBFC helps businesses create and retain jobs, and encourages investment in low- to moderate-income communities. The SBFC has a Jump Start Loan Program, a Small Business Loan Guarantee Program, and a Farm Loan Program.

California Disaster Relief Loan Guarantee Program — COVID-19

The Small Business Finance Center (SBFC) partners with Financial Development Corporations to provide loan guarantees and direct loans for small businesses that experience capital access barriers.

Who Can Apply

Eligible Applicants

  • Small Businesses located in California with 1-750 employees that have been negatively impacted or experienced disruption by COVID-19
  • Eligible Nonprofits

Guarantee Terms:

  • Guaranteed up to 7 years; term can be longer
  • Guarantees up to 85% – 95% of loan
  • Loan interest rates negotiated between lender and borrower
  • Qualifications based on lender criteria

 Loan proceeds to be used for continuance of business including, but not limited to:

  • Rent, payroll, etc.

How to Apply

Qualifying small business owners may apply directly with a lender (LIST to be announced soon) or get additional information by contacting one of the participating Financial Development Corporations (FDCs) from the list below.

California Capital Financial Development Corporation

Small Business
Success Stories

SBFC

SBFC Latest Newsletter

SBFC News Letter

Farm Loan Program

The Farm Loan Program supports direct loans to small farms through participating Financial Development Corporations (FDCs). Loans are 90% guaranteed by the U.S. Department of Agriculture, Farm Serviced Agency (FSA).

Who Can Apply

Eligible Applicants

To qualify for an FSA Guarantee, a loan applicant must:

  • Be a citizen of the United States (or legal resident alien), which includes Puerto Rico, the U.S. Virgin Islands, Guam, American Samoa, and certain former Pacific Trust Territories.
  • Have an acceptable credit history as determined by the lender.
  • Have the legal capacity to incur the obligations of the loan.
  • Be unable to obtain a loan without a guarantee.
  • Not have caused FSA a loss by receiving debt forgiveness on more than 3 occasions on or prior to April 4, 1996; or any occasion after April 4, 1996.
  • Be the owner or tenant operator of a family farm after the loan is closed.  For a Guaranteed Operating Loan (OL), the producer must be the operator of a family farm after the loan is closed. For a Guaranteed Farm Ownership (FO) Loan, the producer needs to also own the farm.
  • Not be delinquent on any Federal debt
  • Entities (corporations, cooperatives, joint operations, partnerships, trusts, and limited liability companies) and their members/stockholders must meet these same eligibility requirements. The farm must be located in California.

 Use of Funds (partial list)

    • Operating and production expenses
    • Buildings, construction or repair
    • Machinery
    • Equipment
    • Storage and drying facilities
    • Purchase livestock
    • Purchase seed, fertilizer
    • Soil and water conservation
  • Refinancing debt

Maximum Loan Size

The FSA can guarantee loans up to $1,399,000 (amount adjusted annually based on inflation).

How to Apply

Qualifying farm owners may apply for a loan or get additional information by contacting one of the following Financial Development Corporations (FDCs):

The California Coastal Rural Development Corporation

Valley Small Business Development Corporation

Useful Links

FDC/Lender Use Only

Small Business Resources:

Business Portal (GO-Biz)

Other Small Business Resources

Small Business Resource Map

Financial Development Corporations


California Capital Financial Development Corporation *

1792 Tribute Road, Suite 270
Sacramento, CA 95815
Voice: 916-442-1729

California Coastal Rural Development Corporation *

221 Main Street, Suite 301
Salinas, CA 93901
Voice:831-424-1099
Fax: 831-424-1094

California Southern Small Business Development Corporation

2825 Dewey Road
Building 202, Suite 205
San Diego, CA 92106
Voice:619-232-7771
Fax: 619-232-6743

Nor-Cal Financial Development Corporation *

300 Frank H. Ogawa Plaza, Suite 175
Oakland, CA 94612
Voice: 510-698-2080
Fax: 510-452-4405

Small Business Development Corporation of Orange County

271 N. Sycamore Street
Santa Ana, CA 92701
Voice:714-571-1900
Fax: 714-571-1905

Pacific Coast Regional Small Business Development Corporation *

3255 Wilshire Boulevard, Suite 1501
Los Angeles, CA 90010
Voice: 213-739-2999, Ext. 222
Fax: 213-739-0639

Valley Small Business Development Corporation *

7035 North Fruit Avenue
Fresno, CA 93711
Voice: 559-438-9680
Fax:559-438-9690

*Participant in IBank’s Jump Start Loan Program

For more information contact:

Emily BEmily Burgos

Small Business Finance Center Manager

California Infrastructure and Economic Development Bank (IBank)

Office Address: 1325 J Street, Suite 1300, Sacramento, CA 95814
Mailing Address: P.O. Box 2830, Sacramento, CA 95812-2830
E-mail: COVID19loan@ibank.ca.gov