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Statewide Loan Programs |
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| CEDLI Co-Lending Program for Small Businesses | Targets loans to emerging business in both urban and rural areas that are currently unable to qualify for conventional bank financing. Women and minority owned businesses are a high priority for financing. | No Maximum | All small businesses are eligible for CEDLI loans in both urban and rural areas | CEDLI |
| CEDLI Diret Real Estate Lending Program | To provide permanent capital to finance the development of community facilities and other real estate based economic development projects. Loan funds can be used for acquisition or expansion of an existing building | $50,000 - $500,000 | Community focused non-profit corporations and other institutions whose mission is to meet the economic and social needs of under served markets and disenfranchised populations promoting job creation and economic self-sufficiency, supporting human development, or providing community services | CEDLI |
| California State Guarantee Program | An alternative source of funding for small businesses in which conventional lenders funds loans guaranteed by the state | $500,000 | Small businesses that do not qualify for conventional bank loans | PCR, Hancock Urban Development Corporation, SFV-FDC |
| Disaster Bridge Loan Guarantee Program | To provide intermediate bridge financing for small businesses who have suffered physical or economic injury as a result of a declared disaster | $200,000 | Small businesses that have applied for an SBA Disaster Loan | PCR, SFV-FDC |
| Replacing Underground Storage Tanks (RUST) Program | To provide loans to independent service station owners and other businesses with underground storage tanks that need financing to replace or remove the tanks | $10,000 - $350,000 | Independent service station owners and other businesses with underground storage tanks | PCR, SFV-FDC |
| Industrial Development Revenue Bonds (IDB) Program | Taxable and tax exempt financing for commercial and industrial developments through the issuance of municipal bonds, or certificates of participation. Used for property acquisition, equipment purchases, building improvements, and construction | $1 million - $40 million | Projects must be located in Los Angeles for tax exempt IDB's, project must create 1 job for every $50,000 in bond funds | Los Angeles LALDC |
