2021 California Tire Workshop Series and Presenters
Collateral Support Program • CalCAP Collateral Support pledges cash to cover a collateral shortfall to enable financing that otherwise might not be available to a small business to finance, but not limited, to the following: - Start-up costs - Working capital - Franchise fees - Equipment or inventory purchases - Construction, renovation or improvements at your place of business - Bridge loans before permanent financing kicks in • $50,000 minimum and $20 million maximum for under collateralized loans. • Extra cash support is available to support “green” and manufacturing loans, loans between $50,000 and $250,000 and loans to small businesses in Severely Affected Communities and those that have been impacted by the Covid-19 pandemic. • $2.5 million maximum collateral support per loan and borrower. • Program page: https://www.treasurer.ca.gov/cpcfa/calcap/collateral/index.asp • Lender List: https://www.treasurer.ca.gov/cpcfa/calcap/collateral/index.asp California Pollution Control Financing Authority
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