State Small Business Loan Programs

The California Small Business Board is responsible for overseeing the operation of the State Small Business Expansion Fund (Fund). State monies deposited in the Fund are used to provide financing for several loan and surety bond guarantee programs described below.

The California Small Business Board is also designated to approve loan or surety bond guarantees made from programs financed through the Fund, and to approve Financial Development Corporations (FDCs) which partner with the state to administer monies in the Fund.