Details | Fresno First Bank Hybrid Crowdfunding Loan Program


Funder

 

Breakaway Funding

Implementer

 

Fresno First Bank

Description

 

The purpose of the Fresno First Bank Hybrid Crowdfunding Loan Program is to create greater access to traditional bank financing for growing companies in our surrounding communities. Companies who raise a minimum of 10% equity capital from their community may be eligible for additional bank financing through SBA 7a, SBA 504, the CA State Small Business Loan Guarantee Programs, or traditional bank financing.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

Fresno County

Applicant type

 

For Profit  |  Non Profit

Project

 

New Addition to an Existing Building  |  Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building

Sector

 

Commercial

Sub-sector

 

City  |  Commercial  |  County  |  Data Center  |  Education  |  Health Care  |  Hospitatlity  |  Industrial  |  Multi Family  |  Retail  |  Single Family  |  Special Districts  |  State

Sustainability

 

Electric Vehicle Charging Infrastructure  |  Electric Vehicles  |  Energy Efficiency for Processes  |  Energy Efficiency in Buildings  |  Energy Management System  |  Energy Storage  |  Generation Systems  |  Waste  |  Water Use Reduction

Additional website

 

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

1

Maximum repayment years

 

10

Interest rate comment

 

Incentive