CalCAP Loan Participation Project (CalCAP LPP)
CalCAP LPP fosters growth by partnering with lenders via a third-party administrator to enhance lending capacity and offer financing for small businesses throughout California by purchasing participation interest of eligible small business loans originated by participating lenders.
Contact Information
Please send program inquiries to calcap_lpp@treasurer.ca.gov
Quick Links
Program Updates
The CalCAP Loan Participation Project (CalCAP LPP) is funded by the State Small Business Credit Initiative (SSBCI 2.0) and will include multiple third-party administrators, each coordinating a group of lenders which will lend in underserved communities. LPP funds will purchase a portion of each loan made to small businesses (up to 750 employees).
The first third-party administrator is Community Capital Alliance (CCA), which anticipates launching with a spring rollout before the start of 3Q2026.


