Capital Link is an expert in government lending programs. We’ve secured millions of dollars of funding for our clients through federal and state programs including the Small Business Administration (SBA), Export/Import Bank, and California Capital Access Program (CALCAP).
The 504 Loan Program provides approved small businesses with long-term, fixed-rate financing used to acquire fixed assets for expansion or modernization. This program is a proven success and win-win-win for the small business, the community and participating lenders.
The SBA's primary program for providing financial assistance to small businesses. The terms and conditions, like the guaranty percentage and loanamount, may vary by the type of loan.
Most banks in the U.S. do not provide working capital advances on export orders, export receivables or letters of credit. Because of that, some small businesses may lack necessary export working capital to support their export sales. That is where an SBA program can make the difference. SBA provides lenders with up to a 90% guaranty on export loans as a credit enhancement, so that the lenders will make the necessary export working capital available.
The Export‐Import Bank of the United States is the official export credit agency of the United States. We assist in financing the export of U.S. goods and services to international markets through a variety of methods, including direct loans, loan guarantees, and other credit enhancements. Ex‐Im Bank does not compete with private‐sector lenders but provides export financing to fill gaps in trade financing.
The program encourages banks and other financial institutions to make loans to small businesses that have difficulty obtaining financing. CalCAP also provides for specialty financing programs targeted toward creating more charging stations for electric vehicles, helping at-risk small businesses comply with requirement of the federal Americans with Disabilities Act, assisting small businesses and property owners finance the costs to seismically retrofit existing buildings and homes, and enabling small fleet owners to purchase trucks that comply with the California’s engine emission standards.
Financing meant to help with the financial needs of a new business. New employer small businesses are the primary source of U.S. job growth, but are much more likely than larger firms to face financial challenges like access to capital.