Details | California Capital Access Program Collateral Support Program


Funder

 

California State Treasurer

Implementer

 

California Pollution Control Financing Authority

Description

 

The California Capital Access Program Collateral Support (CalCAP CS) is a credit enhancement program that pledges cash to cover the collateral shortfall of loans made by participating lending institutions of $50,000 or more. The goal of the Collateral Support Program is to encourage banks and other financial institutions to make loans to small businesses in California. Loan proceeds can be used for business start-up costs, working capital, franchise fees, equipment, inventory, and the purchase, construction, renovation or improvements of an eligible place of business. If you own a small business and lack collateral for a commercial loan, you may receive more favorable loan terms from a lender if your loan is enrolled in the CalCAP Collateral Support Program. The program is funded through the State Small Business Credit Initiative (SSBCI), a federal program, and must confirm to the rules and guidance of the United States Treasury as well as the statute and regulations of CalCAP.

Funding guidance

 

Applications open

 

None

Applications close

 

None

Type

 

Secured Loan

Category

 

Financing

Territory

 

California

Applicant type

 

For Profit  |  Non Profit

Project

 

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

Sector

 

Commercial  |  Industrial

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

 

True

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