Business Finance

Financing is available for local businesses both large and small. Resources include small business loans and economic development revenue in the form of the issuance of industrial development and nonprofit bonds:

Small Business Loans - Revolving Loan Funds

Revolving Loan Funds offer financial assistance to businesses that lack funds to meet the equity requirements of bank financing. The City of San Diego does not offer 100% financing; instead, the City's Small Business Micro and Regional Revolving Loan Funds provide project "gap financing," that is, the RLF supplements private financing of new or rehabilitated buildings, fixed machinery and equipment, working capital and soft costs in targeted project areas. Through careful screening of loan applicants and creative loan structuring, the program will reduce the reluctance that conventional lenders may have to finance a project.

• Small Business Micro Revolving Loan Fund (SBMRLF) - loans ranging from $25,000 - $150,000 for businesses located in the City of San Diego.
• San Diego Regional Revolving Loan Fund (SDRRLF) - loans ranging from $150,000 - $500,000 for businesses located in the City of San Diego and the City of Chula Vista.

City & non-City loan programs available to businesses:

• Other non-City finance resources (PDF: 63K)

Application Information

• Small Business Loan Application & Application Checklist (PDF:419 K)
• Application Processing

Economic Development Revenue

The City facilitates financing for various private business capital expansion projects eligible for tax-exempt, conduit revenue, private activity bonds where a significant economic development impact can be created.

• Industrial Development Bonds - Manufacturing companies
• Nonprofit Bonds - 501 (c)(3) Nonprofit organizations

Contact Information

• For more information, contact the City of San Diego's City Planning & Community Investment Department at (619) 236-6323 or via e-mail.