California Capital Access Program (CalCAP) Collateral Support Program

Portal ID:
Active (28 total applications submitted)
Opportunity Type:
  • Loan
Last Updated:



The program is designed to pledge cash to cover collateral shortfall on small business loans of $50,000.00 to $20,000,000.00, allowing businesses lacking collateral to obtain financing.


Loans may be for any small business purpose with a few exceptions noted below. Loans enrolled in the program may receive up to 100% coverage available in the Collateral Support account in case of defaults. Common uses of loan proceeds are for the acquisition of land, construction or renovation of buildings, purchase of equipment or inventory, or other capital projects including working capital and business start-up costs. There are limitations on loans involving passive real estate, debt refinancing, and the repayment of federal or state income taxes. Prohibited uses of loan proceeds include but are not limited to: gambling facilities, bars, gun sales, cannabis, tobacco manufacturing and sales, and adult entertainment businesses.Maximum loan size is $50,000.00 - $20,000,000.00.CPCFA does not work directly with borrowers to apply for financing, applicants must apply through participating financial institutions. total number of loans enrolled (2013-2019) is 288, with an average loan amount of $511,332.00.

Eligibility Requirements

Eligible Applicants:

  • Business

The business's primary economic effect must be in California and have 750 employees or fewer.

Eligible Geographies:

The business must be located in California. Loans for areas within high unemployment areas or which have been declared disaster areas are eligible for additional funding.

Matching Funding Requirement:

A closing fee is required which is 20-50% of the loan amount. 

Important Dates

The date (and time, where applicable) by which all applications must be submitted to the grantmaker. Time listed as “00:00” equates to midnight.
The date on which the grantor expects to announce the recipient(s) of the grant.
On a rolling basis
The length of time during which the grant money must be utilized.

Funding Details

The total projected dollar amount of the grant.
A single grant opportunity may represent one or many awards. Some grantors may know in advance the exact number of awards to be given. Others may indicate a range. Some may wish to and wait until the application period closes before determining how many awards to offer; in this case, a value of “Dependent” will display.
Grant opportunities representing multiple awards may offer awards in the same amount or in varied amounts. Some may wish to wait until the application period closes before determining per-award amounts; in this case, a value of “Dependent” will display.
Certain grants require that the recipient(s) provide a letter of intent.
Certain grants require that the recipient(s) be able to fully or partially match the grant award amount with another funding source.
The funding source allocated to fund the grant. It may be either State or Federal (or a combination of both), and be tied to a specific piece of legislation, a proposition, or a bond number.
  • Federal and State

Funding Source Notes:

This program was funded by Federal monies allocated through the State Small Business Credit Initiative (SSBCI) in 2013, and monies recaptured beginning August 2017.

The manner in which the grant funding will be delivered to the awardee. Funding methods include reimbursements (where the recipient spends out-of-pocket and is reimbursed by the grantor) and advances (where the recipient spends received grant funds directly).
  • Reimbursement(s)

Funding Method Notes:

The funds are provided to the Borrower by the CalCAP for Small Business enrolled financial institution. Each CalCAP CSP Borrower has a loan-loss reserve account that is held by the trustee bank or participating financial institution.  CPCFA's contributions go into the accounts for each borrower, which then can cover any potential losses in the case of a loan default. The loans that the borrowers receive are determined by the lender.

How to Apply

State agencies/departments recommend you read the full grant guidelines before applying.


For questions about this grant, contact: