California Capital Access Program for Small Business
CalCAP SB
CalCAP SB Provides Support to Financial Institutions When They Make Loans to Small Businesses

Contact Information
Please send program inquiries to calcap@treasurer.ca.gov
Quick Links
- Certification to Participate in the State Small Business Credit Initiative (SSBCI) Program
- Brochure for CalCAP Small Business (PDF)
- CalCAP Regulations
- Participating Financial Institution Lenders
- Program Development
- Technical Program Summary
- Forms and Tools for Participating Financial Institution Lenders
- Severely Affected Community Notices for CalCAP Programs
- State Small Business Credit Initiative (SSBCI 2.0)
CalCAP for Small Business (SB) is a program that incentivizes participating financial institutions (PFIs) to address the growing and ongoing financing needs of California’s small business borrowers (SBBs) by providing a safety net of matching contributions to loan loss reserve accounts for PFIs. This proven financing mechanism has helped thousands of California small businesses gain financing they otherwise would not have been able to access.
How CalCAP for Small Business Works
- SBB applies to PFI for a loan of private capital; PFI applies its underwriting standards
- PFI determines the enrolled loan amount and contribution percentage between 2% and 3.5%
- PFI and SBB each contribute the selected percentage of the enrolled loan amount to the PFI’s CalCAP SB loan loss reserve account
- Within 15 days of loan issuance, PFI submits an enrollment application to CalCAP
- CalCAP matches the PFI’s and SBB’s contribution and contributes the additional Severely Affected Community amount if applicable
- Up to 100% reimbursement for certain defaults is made from PFI’s CalCAP SB loan loss reserve account
Which Loans Qualify for CalCAP for Small Business?
- Loans for Many Business Needs
- Working capital including inventory purchase
- Capital projects including equipment purchase
- Start-up costs
- Land acquisition, construction, or renovation of buildings
- Most Business Sectors
- Most North American Industry Classification System codes are eligible
- Loan Amounts up to $5,000,000
- Up to $2,500,000 of a $5,000,000 loan may be enrolled
- A maximum of $2,500,000 across all loans per SBB may enrolled within a three year period
- Additional Contribution for High Unemployment and Other Severely Affected Communities
- Loans to businesses located in Severely Affected Communities (SAC) including high unemployment areas and areas designated as emergency or disaster areas by the Governor
- Primary Business is a California Business
- Business activity funded by the loan must be created and retained in California
- Employee Count is 1 to 500
- In addition, the business is classified as a small business by the U.S. Small Business Administration
Participation and Support for Small Businesses
- Small businesses can begin by using technical support to learn about financing options and how to prepare to apply for capital
- The California Office of the Small Business Advocate (CalOSBA) has on-line resources for: managing finances, applying for funding, getting permits, addressing workforce issues, marketing the business, advising on operations, and more
- CalOSBA can refer you to small business technical support centers near you for no-cost or low-cost help
- CalOSBA offers referrals to help in more than 20 languages
- Small businesses can also access technical support from America’s Small Business Development Centers
- When ready to apply for capital, small businesses can apply to participating financial institutions
- Small businesses can request financial institutions with which they have an existing business relationship to consider enrolling as a participating financial institution for CalCAP for Small Business
- After applying, the participating financial institution’s underwriting process will determine if the proposed loan should be enrolled in the CalCAP for Small Business, and may also approve a proposed loan without enrolling the loan in CalCAP
Participation for Financial Institutions
- Many types of financial institutions are eligible to enroll in CalCAP for Small Business as a participating financial institution
- There is no charge to enroll and all fees are paid on a per-loan basis
- Financial institutions begin enrollment with this one-page form
For Participating Financial Institutions: Loans, Claims and Reports
New Location: Please Bookmark
- Certification to Participate in the State Small Business Credit Initiative (SSBCI) Program
- Certification to Participate in the California Capital Access Program
- Loan Enrollment Documents
- Loan Enrollment Application - CalCAP
- Participating Financial Institution Lender Certification - CalCAP
- Borrower Certification for Small Business Loan Enrollments - CalCAP
- Socially and Economically Disadvantaged Individuals (SEDI) Certification
- Demographics-Related Data Certification
- Commercial Real Estate and Refinancing Lender Questionnaire
- CalCAP Supplemental SAC Contribution Form (Participating Financial Institutions can utilize this form to select a qualifying event to receive a Severely Affected Community (SAC) contribution.)
- SSBCI Privacy Notice
- Privacy Notice
- Borrower’s Agreement to Pay Participating Financial Institution Lender’s Fees
- Change in Loan Terms
- Claims
- Reports
- Media Release Authorization