| California is the land of opportunities as far as small | | | | businesses that are unable to obtain loans from other |
| businesses are concerned. The state administration | | | | lenders. |
| provides both long term and short-term loans on easy | | | | 7) Recycling Market Development Loan |
| terms to small businesses, and provides incentives to | | | | These loans are provided to small businesses that |
| private lenders to extend credit to small business. This | | | | utilize secondary waste materials to make new |
| article discusses some ways to find business loans in | | | | products, in other words, recycle waste materials. |
| California, and lists some institutions where you can | | | | 8) Employment Training Panel |
| apply for small business loans. | | | | This program provides loans to small business owners |
| Sources of Business Loans in California: | | | | to train people and make them employable in long-term |
| From the federal Small Business Administration to | | | | jobs. |
| state programs, you can find many loan sources in | | | | 9.) Industrial Development Revenue Bond |
| California. Some of them are listed below. | | | | Loans are provided for the manufacturing and |
| 1) Small Business Loan Guarantee program | | | | processing companies that wish to invest in equipment |
| This loan program provides guarantees to banks to | | | | and movable property. The interest rates are low and |
| provide loans to small businesses. | | | | the loans are tax-exempt. |
| 2) California Capital Access Program | | | | 10.) Energy Innovations |
| This program helps small businesses get funds through | | | | The Energy Innovations Small Grants program gives a |
| banks and private lenders by providing incentive to the | | | | maximum of $75,000 to small businesses to for |
| lenders. | | | | research in the field of energy resources. |
| 3) Small Business Tax Exempt Bond Financing | | | | With business booming like never before, there has |
| This program makes tax-exempt bond finance | | | | never been a better time for investing in a small |
| available to small businesses that are keen on investing | | | | business in California. Aiding you in your endeavors will |
| in waste disposal, recycling and other pollution control | | | | be the Federal as well as the State Government that |
| measures. | | | | will provide all possible help in terms of fixed rate loans, |
| 4) Small Business Administration (SBA) | | | | grants, as well as counseling to those wish to start a |
| The SBA provides a range of loans to small | | | | small business in California, or are already running a |
| businesses in collaboration with state governments. | | | | business in California. |
| 5) USDA Business Loans | | | | If you want more information on the sources of |
| The US Department of Agriculture provides business | | | | business loans in California, you can consult a small |
| loans to small businesses and rural entrepreneurs. | | | | business consultant who will guide you to the best |
| 6) Small Business Surety | | | | source of business funds in the state. |
| The SBA offers grants of up to $1.25 to small | | | | |