Alternative Lending Resources for Businesses
Alternative lending resources can help businesses that encounter difficulty gaining financing through traditional means.
These alternative lenders can finance start-ups and existing businesses, and some offer pre- and post-loan business counseling.
🚀 Main Street Launch
Offers SBA Community Advantage Loans to $350,000 for up to 10 years.
Phone Number: (510) 763-4297
💸 California Capital Access Program (CalCAP)
CA Pollution Control Financing Authority program incentivizes participating financial institutions to address the financing needs of small business borrowers by providing a safety net of matching contributions to loan loss reserve accounts.
Email: calcap@treasurer.ca.gov
💲 Creser Capital
Micro-lender specializing in access to capital primarily for Latino entrepreneurship.
Email: info@cresercapital.org
Address: 180 Harbor Drive, Suite 224, Sausalito, CA 94965
💲 Economic Development & Financing Corporation (EDFC)
EDFC provides a critical link between the public and private sectors acting not just as a lender but also as an economic development organization with a focus on alternative financing loan programs.
Email: robert@cdfc.org
Phone Number: (707) 234-5705
💼 Working Solutions CDFI
Micro-lender that specializes in startups and existing businesses. Loans range from $5,000 to $100,000 with fixed interest rates from 9% to 11% and 3-5 year terms.
Email: info@workingsolutions.org
Phone Number: (415) 780-1217
Address: 870 Market Street, Suite 667, San Francisco, CA 94102