Nor-Cal FDC State Loan Guaranty Program
Northern California Small Business Financial Development Corporation is a public benefit corporation chartered and regulated by the California Business, Transportation and Housing Agency to provide loan guarantees to financial institutions throughout the State of California.
Nor-Cal FDC is deeply committed to assisting the State of California with expanding the resources available to new and existing small businesses under the State Loan Guaranty Program. To be considered for the loan guaranty program the borrower must be a for-profit enterprise and the company must be a small business as defined in the size guidelines of the Small Business Administration. Our State Loan Guaranty Program consists of:
Term Loans
Equipment, permanent working capital and other long term needs. Maximum guaranty of 80% and up to $500,000. The maximum term is 84 months.
Lines of Credit
Primarily receivable financing (formula of revolving lines). Maximum guaranty of 80% and up to $500,000. Maximum term is 12 months.
Micro Loans
Permanent working capital for smaller businesses. Maximum guaranty of 100% and up to $25,000. Maximum term is 84 months.
Find more details in our downloadable State Loan Guaranty Program Brochure 