California Pollution Control Financing Authority

State Small Business Credit Initiative (SSBCI)


Contact Information

If you have any questions about the California Capital Access Programs, please contact CPCFA.

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The SSBCI was originally created through federal legislation – the Small Business Jobs Act of 2010. The program is designed to help states address the challenges small businesses face in securing financing.

In California, SSBCI-funded programs are administered by both the California Pollution Control Financing Authority, housed within the California State Treasurer's Office and the California Infrastructure and Economic Development Bank (IBank), housed within the Governor's Office of Business and Economic Development.

The American Rescue Plan Act of 2021 included $10 billion for the reauthorization of SSBCI, commonly known SSBCI 2.0, of which California has been allocated $1.181 billion (see here for a breakdown).


On February 4, 2022, CPCFA and IBank submitted a joint application to the U.S. Treasury to draw California's $1.181 billion to the state.

Next Steps

  • Stakeholder outreach has begun, and more informational events will be announced. Sign up HERE to subscribe to our ListServ.

  • Lenders are now being enrolled by both CPCFA and IBank, enabling lenders to participate in the CalCAP loan loss reserve programs and the Small Business Finance Loan Guarantee program.

  • The program is not yet active. California’s application for SSBCI 2.0 is currently being reviewed by the U.S. Treasury. Next steps will include:
    • Final rulemaking by U.S. Treasury
    • Allocation agreement with U.S. Treasury
    • California rule implementation to comply with U.S. Treasury guidance

Enrollment for Lenders is a simple one-page certification and can be completed now!

  • To enroll to participate in California Pollution Control Financing Authority's CalCAP for Small Business loan loss reserve program or Collateral Support Program, email us HERE.
  • To enroll to participate in IBank's Small Business Loan Guarantee Program, email IBank HERE.


The initial SSBCI program (SSBCI 1.0) was funded with $1.5 billion to strengthen state programs that support financing of small businesses. California received $168 million of the $1.5 billion, which was shared between two state agencies focused on small business support – the California Infrastructure and Economic Development Bank's (IBank) Small Business Finance Center and the California Pollution Control Financing Authority's (CPCFA) California Capital Access Loan Program, housed inside the State Treasurer’s Office.

For a review of the SSBCI 1.0 program results, as presented by the U.S. Treasury:

For general information about SSBCI, visit the U.S. Treasury website.