Details | SAFE-BIDCO Revolving Loan Fund


Funder

 

State Assistance Fund for Enterprise, Business, and Industrial Development Corporation

Implementer

 

State Assistance Fund for Enterprise, Business, and Industrial Development Corporation

Description

 

SAFE-BIDCO thirty year history includes the creation and setup of numerous revolving loan funds (RLF). After creating or reviewing program requirements SAFE-BIDCO will develop documents and manuals for the use and administration of the loan fund. The services may include but not necessarily be limited to the creation of: Borrower eligibility criteria, Underwriting principles (to be used in the financial analysis), Reporting requirements, Practices for loan fund disbursement, Credit memorandum criteria, Loan Program Policy & Procedure Manual, Loan Program Policy & Procedure, Loan Committee Policy & Procedure Manual, Loan application package, and Loan documentation package.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

California

Applicant type

 

Public Agency

Project

 

New Addition to an Existing Building  |  Real Estate and Asset Purchases  |  Rehabilitation of Existing Whole Building  |  Rehabilitation of Part of an Existing Building  |  Whole New Building Construction

Sector

 

Public

Sub-sector

 

City  |  County  |  Special Districts

Sustainability

 

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

Small business

 

False

Disadvantaged communities

 

False

Cost sharing amount

 

None

Cost sharing percent

 

None

Cost sharing note

 

Minimum repayment years

 

None

Maximum repayment years

 

None

Interest rate comment

 

Incentive