Areas Served: Statewide California The California Loan Guarantee Program enables a small business to obtain a term loan or line of credit when it cannot otherwise qualify for a loan. The program provides a lender with the necessary security, in the form of a guarantee, to approve a loan or line of credit facility. The
Read MoreAreas Served: Mendocino County The Economic Development & Financing Corporation offers a Business Revolving Loan Fund (RLF) for Mendocino County, California businesses to provide gap financing for projects, which encourage job creation, investment and expansion. Business RLF Conditions: ¢ Loan amounts range from $10,000 $100,000 ¢ A typical loan package may include local bank
Read MoreAreas Served: Statewide California PURPOSE The California Small Business Loan Guarantee Program is used to encourage banks to make small business loans that otherwise would not be made. Special emphasis is placed on the creation and retention of jobs. USE OF FUNDS – Working capital – Equipment purchases – Inventory – Contract financing – Business
Read MoreAreas Served: City of Westmorland The City of Westmorland, California offers a Revolving Loan Fund to provide Gap financing for working capital, machinery, equipment, real estate. Contact InformationCity of Westmorland, CaliforniaAddress: 355 South Center StreetCity: WesmorlandState: California Website: http://www.cityofwestmorland.net/city-hall/marketing-and-economic-dev./
Read MoreAreas Served: Monterey County California The California Coastal Rural Development Corporation offers a revolving business loan program for Monterey County California. DESCRIPTION Loans to businesses located only in Monterey County. USE OF FUNDS Inventory, furniture and fixtures, leasehold improvements, equipment, working capital or business acquisition. QUALIFICATION Business must be located in Monterey County. Loan must
Read More