California Disaster Relief Loan Guarantee Program

Small Business Finance Center

The Small Business Finance Center (SBFC) partners with Financial Development Corporations to provide loan guarantees and direct loans for small businesses that experience capital access barriers. This resource may be able to help you if your business has been affected by the COVID-19 crisis. View below if you are eligible.

Who Can Apply

Eligible Applicants
  • Small Businesses located in California with 1-750 employees.
  • Eligible Nonprofits.

Guarantee Terms

  • Loans up to $20 million.
  • Max guarantee $1 million.
  • Guaranteed up to 7 years; term can be longer.
  • Guarantees up to 80% – 95% of loan.
  • Loan interest rates negotiated between lender and borrower.
  • Qualifications based on lender criteria.

Use of Funds

  • Start-up costs
  • New construction
  • Inventory
  • Working capital
  • Export financing
  • Franchise fees
  • Business expansion
  • Lines of credit
  • Gap financing
  • Agriculture
  • Disaster Relief

How to Apply

Qualifying small business owners may apply for a loan guarantee or get additional information by contacting one of the participating Financial Development Corporations (FDCs) from the list found here.