Tools for Small Business Owners
The CalCAP Americans with Disabilities Act Financing Program
The Americans with Disabilities Act of 1990 is a federal civil rights law that prohibits discrimination of individuals with disabilities and requires facilities to be accessible to individuals with disabilities. The CalCAP/ADA Financing Program can help small businesses finance the costs of becoming ADA compliant.
How Does the CalCAP/Americans with Disabilities Act Financing Program Work?
Borrower can submit a CASp Reimbursement Request Form to CPCFA which may be eligible for reimbursement, equal to up to 5% of the enrolled loan amount.
Frequently Asked Questions (FAQs)
Resources for Small Business Owners and ADA Compliance
Costs to Enroll Loans in the Program
|Participating Financial Institution Contribution to the Loan Loss Reserve Account||2-3.5% of the loan amount|
|Small Business Owner Contribution to the Loan Loss Reserve Account||Equal to the participating financial institution’s contribution|
|Other Loan Terms||All other loan terms and underwriting are determined by the participating financial institution|
|CalCAP/ADA Contribution to the Loan Loss Reserve Account||Four times the participating financial institution’s contribution|
|Additional CalCAP/ADA Contribution to the Loan Loss Reserve Account for a Loan to a Small Business in a Severely Affected Community||Equal to the participating financial institution’s contribution|