California Celebrates Its Own Business Loan Marketplace and Partnership With State-Backed Revenue Based Financing Providers

Small business owners in California have a new, state-backed way to access capital without falling into the traps of predatory lending. The California Infrastructure and Economic Development Bank (IBank) has hit a $5 million milestone through its 'California Loan Match' platform. This website connects you directly with mission-driven lenders who are participating in state-guaranteed programs. For retailers and service providers, this means easier access to revenue-based financing and traditional small business loans. Unlike open-market lending, every lender on this platform is vetted and enrolled in the state’s Disaster Relief Loan Guarantee Program or the general Loan Guarantee Program. This adds a layer of security and lower risk for the borrower. If you have been struggling to get funding from traditional big banks to expand your showroom, upgrade your shop, or manage seasonal inventory, these state-backed partners are specifically designed to say 'yes' when others say 'no.' The program aims to bridge the gap for businesses that have been historically underserved, providing a transparent marketplace to compare offers. It is an essential resource for operators looking to grow their footprint within California using regulated, state-supported financial products.

Source: deBanked

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