Small business owners, looking for capital but hitting a wall with traditional bank limits? California has a new way to help you get funded! 💼✨ We, at the California State Treasurer’s Office, just rolled out a brand-new program called the CalCAP Loan Participation Project (LPP), fueled by federal small business funding.
If you aren't familiar with "loan participation," here is how it works in plain English:
🤝 The Team-Up: When you apply for a loan at a participating local community bank, the state actually steps in and buys a piece of that loan. They become co-lenders with your bank.
📉 Lower Risk: By taking on a chunk of the loan themselves, the state slashes the bank's risk.
🚀 More "Yes" Responses: Because the bank isn't holding all the risk on its own, they can approve loans they might otherwise have to turn down, freeing up more cash for local businesses.
Whether you need a line of credit for everyday expenses, a term loan to expand, or a bridge loan to lock down a new property, this program is designed to bridge the gap—especially for businesses in underserved or rural communities.
Talk to your local community bank or minority depository institution today to see if they are partnering with the program!
#CaliforniaBusiness #SmallBusinessSupport #CalCAP #SmallBizFunding #CommunityBanking #CAEconomy #EntrepreneurLife @CalTreasurer
The Ventura County Sheriff's Office is seeking the public's help in locating 17-year-old Genesis Bagriella Balch, who was reported missing by family members in Thousand Oaks. VCSO is asking anyone who sees Genesis to call Ventura County Sheriff’s Dispatch 805-654-9511.
@StevePtweets@teddyschleifer You're attacks on woman speak to narcissistic character and this reflects on the candidate you support .. I can't get behind someone who degrades people because they can't speak on issues .. your obsession with @fionama is like Trump to Obama just sad
Desperate of @StevePtweets dumping millions into fact-less smears attacking California’s highest ranking woman of color State Treasurer @fionama, in the CA LG race. Flailing attack for a failed campaign of a guy who couldn’t get re-elected Mayor of #Stockton.
@vcd2sup@JeffGorell@DeptVetAffairs another stand down for the books! Last one was 2019 and came back 2025 stronger! Looking forward bigger and better next year
NEW: An F/A-18 fighter jet rolled off the side an aircraft carrier and sank to the bottom of the Red Sea, the U.S. Navy announced on Monday.
One person sustained a minor injury, according to officials. https://t.co/Bh3Au2B5bX