Newark, CA
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Small Businesses Now Eligible for $10M is SBA Financing
New SBA policy allows borrower to combine 7(a) and 504 loans to double available capital. Visit www.sba.gov to learn more about this new policy.
Sales & Use Tax Exemption for Manufacturer, Research and Developer, and Electric Power Equipment & Buildings
As of July 1, 2014, manufacturers and certain research and developers, and as of January 1, 2018, certain electric power generators and distributors, may qualify for a partial exemption from sales and use tax on the purchase or lease of qualified machinery and equipment primarily used in manufacturing, research and development, and electric power generation or production, storage or distribution. Visit www.cdtfa.ca.gov to learn more.
Food Production Investment Program
The California Energy Commission’s Food Production Investment Program provides grants to help food processors accelerate the adoption of advanced energy and decarbonization technologies to support electrical grid reliability and reduce greenhouse gas emissions. Visit www.energy.ca.gov to learn more.
Small Business Loan Guarantee Program
IBank’s Small Business Finance Center features a loan guarantee program designed to assist small businesses that experience capital access barriers. The Small Business Loan Guarantee program encourages lenders to provide funds to small businesses to help them grow and prosper. Visit www.ibank.ca.gov to learn more.
