California Capital Access Program (CalCAP) California Air Resources Board (CARB)
On-Road Heavy-Duty Vehicle
Air Quality Loan Program
Designed to finance the purchase of heavy-duty diesel trucks driven primarily in California to comply with the State's engine emission standards
- Additional California COVID-19 Resources
- Additional COVID-19 Resources for Businesses and Employers
- Recapture Participation Form – Effective August 15, 2017
- CalCAP Forms – Effective August 15, 2017
- Program Summary
- CARB One-Stop Truck Events
- CalCAP/CARB Brochure
- Participating Lending Institutions
- Tools for Lenders
- Program Development
- CARB's Truck and Bus Regulation
- Interagency Agreement with the California Air Resources Board (CARB) – Amendment #18MSC004
- 2019 Annual Report
- CalCAP Regulations
- Sign Up to Receive CPCFA Information
Tools for Truck Loan Borrowers
The CalCAP Heavy-Duty Vehicle Air Quality Loan Program is a loan loss reserve program, which may provide up to 100% coverage on losses from certain loan defaults. With CalCAP portfolio support, a lender may be more comfortable underwriting small business loans to small fleet owners. See the CalCAP Heavy-Duty Vehicle Air Quality Loan Program Summary for more information.
Since the program’s inception in 2009, CalCAP has received approximately $168.64 million through an Interagency Agreement funded by CARB which is used to fund lender loan loss reserve accounts. These funds have allowed CalCAP to contribute $121 million to assist California small business owners with purchasing more than 27,091 cleaner trucks, which is the equivalent of removing 4 million passenger cars from the road and 145 tons per year of particulate matter.
If you are an owner of a small fleet of heavy-duty diesel trucks and need to upgrade your engine or exhaust, you may receive more favorable loan terms from a lender if your loan is enrolled in the CalCAP Heavy-Duty Vehicle Air Quality Loan Program. Check to see if your commercial lender or financial institution participates in CalCAP or find a participating lender. If your financial institution does not currently participate, it is easy for lenders to sign up. Please have your institution complete the Financial Institution Application and send to CalCAP to get started.
Borrowers will need to contact a Participating Lending Institution to start the CalCAP loan enrollment process
Lender Sign Up for the Program
- What Financial Institutions Qualify to Participate?
- Financial Institution Application
- Certification to Participate in the California Capital Access Program
Loans, Claims and Reports
- CARB On-Road Loan Enrollment Documents
- Change in Loan Terms