San Andreas, CA…Increasing capital access for California’s underinvested small businesses is what the Technical Assistance for Capital Readiness Program is all about. It is backed by $25.3 million in funding from the U.S. Treasury’s State Small Business Credit Initiative (SSBCI). SSBCI is designed to spur investment to businesses with 1-9 employees, small manufacturing companies, and businesses operated by owners from underserved communities.

How the Program Helps Business-Owners:

• Guides them to navigate the loan process, prepare their loan applications, and determine what loan products, if any, will be the best fit.
• Builds legal, accounting, and financial management skills
• Increases awareness of state-backed capital support programs for small businesses applying for capital
• Designed to spur the approval of new business loans to the state’s smallest and most vulnerable business-owners

For more information and to apply visit: https://calosba.ca.gov/funding-grants-incentives/state-small-business-credit-initiative/