Comstock's magazine 0219 - February 2019 - Page 80

california capital financial development corporation Capital and Capacity to Serve Communities W ells Fargo Works for Small Business: Diverse Community Capital Program recently awarded California Capital Financial Development Corporation a $250,000 grant to assist in providing lending capital to help diverse small business owners in Northern California. California Capital was one of thirteen organizations nationwide selected. “Thanks to the support California Capital is receiving, more diverse-owned small businesses will be provided the capital, technical assistance and other resources they need to help make their businesses — and ultimately, our communities — even stronger,” said Pedar Bruce, Wells Fargo Community Relations Consultant. Chartered in 1982 as a non-profit corporation, California Capital serves 28 Northern California and coastal counties from San Joaquin to the Oregon border. For over 36 years, California Capital has administered the State of California Small Business Loan Guarantee Program, 80 | February 2019 providing guarantees on bank loans for small businesses unable to access traditional bank financing; and more recently, the Jumpstart Microloan Program. Certified since 2002 as a Community Development Financial Institution by the U.S. Department of Treasury, California Capital invests 51+% of its assets in programs that benefit low and moderate income communities. Providing critical support for over 3,500 small business owners every year, California Capital’s continuum of services offer a full complement of capacity building and access to capital programs assisting small businesses to start, grow and achieve sustainability: Ÿ Loan Guarantee Program Ÿ Microenterprise Loan Programs Ÿ Women’s Business Center Ÿ Procurement Technical Assistance Center Ÿ Small Business Development Center — Sacramento & Stockton Satellite Ÿ Sacramento Employment & Training Agency Business Information Center CACAPITAL.ORG Ÿ City of Sacramento Business Resource Center Ÿ Bilingual Business Success Forums Ÿ Professional Bookkeeper Certification Course Ÿ Human Resources Professional Certification Course Ÿ Market Research, Data and Mapping Ÿ Sacramento Promise Zone-Lead Economic Development Implementation Partner A mission driven organization, California Capital carefully designs programs to meet the capacity building and financing needs of the small business communities they serve. California Capital Financial Development Corp. Address: 1792 Tribute Road, Suite 270 Sacramento, CA, 95815 Phone: 916.442.1729 profile generously sponsored by