Businesses
Government-funded
$5.5M
per applicant
Loan
Below-market financing
Rolling
No fixed cutoff
Rolling
Apply when you're ready
Moderate
Underwriting required
Long-term, fixed-rate financing for major fixed assets — real estate and equipment — with below-market interest rates structured as a partnership between a bank (50%), SBA/CDC (40%), and borrower (10%).
Do I qualify?
Answer the questions below for a rules-based self-assessment of your fit for this program. This is informational — final determinations are made by the administering agency.
1.Must be a for-profit business with tangible net worth under $20M
2.Average net income must be under $6.5M after taxes for preceding 2 years
3.Project must create or retain one job per $75,000 of SBA debenture
4.Eligible uses: land, buildings, construction, long-lived machinery/equipment
5.Borrower contributes minimum 10%; conventional lender covers 50%; CDC/SBA 40%
CAEATFA · California
Full state and local sales and use tax exemption (7.25–10%) on equipment purchases for California manufacturers of solar, wind, batteries, EVs, fuel cells, and green building materials. Reduces equipment procurement costs with board pre-approval.
Utah OEO · Utah
30% state income tax credit on new employee wages for businesses creating 5+ jobs in rural Utah Economic Opportunity Zones. Meaningful incentive to locate outside Salt Lake's urban corridor, with a 5-year credit period.
GOED · Nevada
Sales tax abatements (up to 2%), property tax abatements, and Modified Business Tax credits for clean energy manufacturers locating or expanding in Nevada. Targets solar, wind, battery storage, and EV-related product manufacturers creating 10+ jobs.