Small Business Recovery

The California Rebuilding Fund

The California Rebuilding Fund is a public-private partnership that brings flexible, affordable capital and free business support services to small businesses across California. The loan program offers low-interest loans to small businesses and focuses on reaching borrowers in economically disadvantaged and historically underbanked areas of the state. The Fund is anchored by a commitment from the California Infrastructure and Economic Development Bank (IBank).

Alicia Villanueva - Tamales Los Mayas Alicia Villanueva, owner of Alicia's Tamales Los Mayas, used her loan from Pacific Community Ventures for working capital and invested a portion back into the business to reach new clients.

Fund Launch

November 2020

Capital Committed

$100+ million

Available to

Institutional lenders

Geography

California state

Borrowers served

Small businesses

Participating CDFIs

Website

www.CALoanFund.org

How it Works

Supporting California’s Small Businesses to Promote Equity and Resiliency in Recovery

Impact at a Glance

Shoes on Solano

Carol Fabretti - the owner of Shoes on Solano - plans to use the California Rebuilding Fund loan from Accion Opportunity Fund to rebuild her stock, invest in marketing, and tap into operating capital necessary to reopen fully.

Mezze Italiano

Mezze Italiano plans to use their loan from Pacific Community Ventures to create a covered eating area on their outside deck to increase the number of customers they can serve. The restaurant is opening back up for lunch and adding a delivery option.

“

By the end of last year, I was all out of options. It was then when I learned about the new California Rebuilding Fund.

Alicia Villanueva,
Owner of Alicia’s Tamales Los Mayas

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How to Participate

For lenders and donors interested in supporting the California Rebuilding Fund:

Reach out to us at info@calvertimpact.org with "California Rebuilding Fund" in the subject line. Please note that our small business recovery funds are available to institutional lenders only. The minimum commitment is typically $1 million.

Supporting Lenders and Partners

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Calvert Impact Capital, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Community Investment Note. Calvert Impact Climate, Inc., a 501(c)(3) nonprofit and a subsidiary of Calvert Impact, Inc., offers the Cut Carbon Note. The Community Investment Note and Cut Carbon Note are subject to certain risks, are not mutual funds, are not FDIC or SIPC insured, and should not be confused with any Calvert Research and Management-sponsored investment product. The Community Investment Notes and the Cut Carbon Notes are debt securities subject to the terms, conditions and risks described in the current prospectus, prospectus supplement(s) and pricing supplements, as applicable, including risk of possible loss of the amount invested. Payment is dependent on the issuer’s financial condition at the time payment is due. Any decision to invest in these securities through this Site should only be made after reading the applicable prospectus, prospectus supplement(s) and pricing supplement or by calling 800-248-0337.

This is not an offer to sell you our securities and we are not soliciting you to buy our securities. The offering is made solely by the Prospectus. We will offer and sell our securities only in states where authorized.