Riverside County Office of Economic Development - Business Resource Guide

• Rate Reduction Bond Program • Industrial Development Bond Financing Program • California Recycle Underutilized Sites (CALReUSE)

Program (SBLGP) is administered by the California Infrastructure and Economic Development Bank (iBank) to encourage small businesses to create and retain jobs as well as to invest into low-to moderate-income communities. The Small Business Loan Guarantee program is available to small businesses throughout the state of California and serves hundreds of small businesses each year. For more information on SBLGP, visit: https:// ibankca.gov/small-business/loan-guarantees. California Capital Access Program (CalCAP) Through a form of loan portfolio insurance, the California Capital Access Program (CalCAP or Program) encourages banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing. For more information on CalCAP, visit: www.treasurer.ca.gov/cpcfa/calcap. Tax-Exempt Bond Financing Program The Pollution Control Tax-Exempt Bond Financing Program provides California businesses with tax-exempt bond financing for the acquisition, construction, or installation of qualified pollution control, waste disposal, waste recovery facilities and the acquisition and installation of new equipment. For more information on the Tax-Exempt Bond Financing Program, visit: http://www.treasurer.ca.gov/ cpcfa/bondfinancing.asp. Industrial Development Bond Financing Provides small to medium-sized manufacturers money for land purchases, building construction, facility expansion, new production equipment acquisition, and solar and energy conservation retrofits. Benefits of IDB financing include below market interest rates, and long-term financing. https://ibank.ca.gov/bonds/industrial-development bonds . Brownfields Revolving Loan Fund (RLF) This program provides loans to help developers, businesses, schools, and local governments clean-up and redevelop brownfields.

For more information: www.treasurer.ca.gov/cpcfa.

State Trade Expansion Program (STEP) The State Trade Expansion Program (STEP) helps small businesses overcome obstacles to exporting by providing grants to cover costs associated with entering and expanding into international markets. STEP financial support helps U.S. small businesses: • Learn to export • Participate in foreign trade missions • Design international marketing products and campaigns • Support website globalization and e-commerce capabilities • Pay for subscriptions to services provided by the U.S. Department of Commerce and other federal agencies • Participate in export trade show exhibits and training workshops More details and apply here: www.export.business. ca.gov/grant-details. STATE FINANCING California Infrastructure and Economic Development Bank (IBank) California cities, counties, joint powers authorities, and state government (through the California Infrastructure and Economic Development Bank) have the authority to offer low interest financing via tax exempt industrial revenue bonds to businesses for real estate acquisition, construction of manufacturing facilities, and equipment. For more information on CIEDB, visit: https://www.ibank.ca.gov . The California Small Business Loan Guarantee Program (SBLGP) The California Small Business Loan Guarantee

https://dtsc.ca.gov/revolving-loan-fund-rlf-program

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