Participating Lenders
Participating Lenders for COVID-19 Disaster Relief Loan Guarantee Financing
Qualifying small business owners may apply directly with a participating lender:
- Mission Driven Finance (Non-Profits in San Diego County)
- National Asian American Coalition (Statewide)
- Working Solutions (Bay Area)
- Santa Cruz County Credit Union (live or work in Santa Cruz County – must be a member or willing to become a member)
- MEDA (San Francisco Bay Area)
- 3CORE (Butte, Tehama, and Glenn counties)
- Accion (San Diego, Imperial, San Bernardino and Riverside Counties)
- Pacific Asian Consortium in Employment (Unincorporated areas of District One of LA County, all of area within boundaries of City of Los Angeles & South LA County)
- First Northern Bank of Dixon (existing clients as of April 7, 2020)
- Pacific Community Ventures (Statewide)
- Economic Development Collaborative (Ventura County, Santa Barbara County)
- Main Street Launch (San Francisco City and County)
- Opportunity Fund (Statewide)
Financial Development Corporations
The Small Business Finance Center (SBFC) partners with Financial Development Corporations (FDCs) to provide loan guarantees and direct loans for small businesses that experience capital access barriers. Financial Development Corporations (FDCs) were created in the California Corporations Code to aid the SBFC in the administration of its programs throughout the state, together removing barriers to access capital. As mission-based organizations, the FDCs aim to support small businesses and stimulate economic growth in underserved communities. Refer to list of Participating Lenders – Current as of September 2021 for more info.
California Capital Financial Development Corporation
Sacramento, Stockton, Yuba City
Voice: 916-442-1729
California Coastal Rural Development Corporation
Salinas, Santa Maria, Santa Barbara
Voice: 831-424-1099
California Southern Small Business Development Corporation
San Diego
Voice: 619-232-7771
Small Business Development Corporation of Orange County
Santa Ana, Redlands
Voice: 714-571-1900
Nor-Cal Financial Development Corporation
Oakland
Voice: 510-698-2080
Pacific Coast Regional Small Business Development Corporation
Los Angeles, Compton
Voice: 213-739-2999
Valley Small Business Development Corporation
Fresno, Hanford, mobile office covers Central San Joaquin Valley
Voice: 559-438-9680
Frequently Asked Questions
Participating Lenders
Q: Does IBank or the SBFC take loan applications?
A: No, all potential borrowers should contact a participating lender listed above to start the application process with technical support.
Q: What if my lender is not on the participating lender list?
A: New lenders can enroll in SBFC credit enhancement programs on an ongoing basis. Contact your lender and ask them to enroll.
Q: What are the financing terms and how is the interest rate decided?
A: Financing qualifications are based on lender criteria. The interest rate and loan terms are negotiated between the lender and the borrower.
Q: What if there isn’t an FDC office located in my town?
A: FDCs are able to serve small businesses throughout the state of California. Contact geographically closest FDC office to find out more information.
Contact the IBank Small Business Finance Center
E-mail us, HERE
Office: 1325 J Street, Suite 1300, Sacramento, CA 95814
Mailing: P.O. Box 2830, Sacramento, CA 95812-2830
Contact the IBank Small Business Finance Center
SBFC Program Manager:
Office: 1325 J Street, Suite 1300, Sacramento, CA 95814
Mailing: P.O. Box 2830, Sacramento, CA 95812-2830
E-mail: SBFC@IBank.ca.gov
