What you can get
State support for a loan that needs more property or assets as security.
Who it's for
California businesses with up to 750 employees that can repay a loan but lack enough security.
What you need to know
- Most business activity, revenue or jobs must meet the California rules.
- Cannabis businesses, bars and liquor stores are among the excluded industries.
- The lender must request support before paying out the loan.
- You still repay the loan and may pay program fees.
More details and sources
Full program information
Official program name: CalCAP Collateral Support
Benefits and limits
A state cash pledge can address a collateral shortfall on an otherwise viable business loan.
Full requirements
Eligible businesses have 750 or fewer employees, an eligible industry and their primary economic effect in California: at least 51% of revenues or jobs created or retained there. Cannabis businesses and bars/liquor stores are among the excluded industries. The lender must establish repayment capacity and request support before loan disbursement.
Read the program's requirements Checked Oct 30, 2026
Summary of key conditions. Confirm the full current checklist with the provider before applying.
Other conditions
Industry and use restrictions apply. Support is not for passive or residential real estate, nonbusiness purposes, or the government-guaranteed portion of a loan. Fees and lender underwriting apply; the borrower still repays the loan.
Availability and area
Confirm current provider and lender terms
The official provider describes this program. Confirm participating lenders, available support, fees and current terms before relying on financing; approval is not guaranteed.
Read the status update Checked Oct 30, 2026
The provider describes a California or nationwide program whose geographic scope includes Desert Hot Springs. Business, ownership, project and underwriting requirements still apply.
Areas listed in the source
Desert Hot Springs
Where this information comes from
California Capital Programs & Climate Financing Authority (CPCFA) official program information
Information collected Oct 30, 2026.
Reviewed against primary provider sources on October 30, 2026. Financing is repayable; a lender guarantee or reserve supports the lender rather than creating a cash grant to the borrower.
DHSed is an independent guide. The program makes the final decision about help, amounts and rules.