Loans That Build Strong Businesses
Small business loans that help California entrepreneurs grow responsibly, create green jobs, and strengthen local communities.
Affordable Loan Options
PCV’s loan process is quick, easy, and built for small business entrepreneurs. Get the affordable funding you need using our loan options.
Small Business Community Loan
Who Should Apply:
You're looking to expand your business—hire employees, refurbish equipment, buy additional inventory, open additional locations, and others.
Terms:
- $10,000 – $500,000
- 8.75%, fixed rate
- 1-month interest only
- 1- 7 year term
- 3.5% closing fee
- California based businesses
- No prepayment penalty
- No minimum credit score
- Personal guarantee from every owner of more than 20%
Good & Green Loan
Who Should Apply:
Your company's products and services help clients reduce energy usage, conserve, natural resources, or achieve a positive environmental impact.
Terms:
- $10,000 – $500,000
- 5%, fixed rate
- Up to 12 months interest only
- 1 -7 year term
- 2.5% closing fee
- No prepayment penalty
- Personal guarantee from every owner of more than 20%
Contractor Capital Loan
Who Should Apply:
You're a licensed contractor hired by a city municipality to complete public works projects with environmental benefits.
Terms:
- $10,000 – $500,000
- Contract Based
- 5%, fixed rate
- Repaid from project proceeds
- 2.5% closing fee
- No prepayment penalty
- Personal guarantee from every owner of more than 20%
IMPORTANT: Loans will be arranged or made pursuant to a California Finance Lenders Law License.Â
PCV Loan Features
Affordable loans designed to strengthen your business, create good jobs, and build long-term sustainability.
Affordable rates
No minimum credit scores
No application fees
Language support
Loan Eligibility
- Business based in California
- Business in operation and generating revenue for at least 12 months
- Cash flow available to service proposed loan payments
- Loan proceeds used for working capital, equipment upgrades, expansion plans, investing in staff and marketing
- You do not operate in the following excluded industries: Rideshare, real estate, transportation, cannabis, non-profits
How it Works
Check Eligibility
Take 5 minutes or less to tell us about yourself and your business. If you meet our initial eligibility criteria, you’ll receive a link to our loan application platform called Lenderfit.
Fill out Application
Create an account in Lenderfit to begin the loan application process.
Upload Documents
Once you’re logged onto Lenderfit, you’ll see a checklist outlining all of the items required for submission. You can send any questions you have directly through the message feature on the Lenderfit portal.
Credit Decision
Once we’ve reviewed your application, we’ll notify you of our credit decision.
Loan Funding
Submit and complete the necessary prefunding items to get your loan agreement and funding!Â
Documents Required
- Loan application (Lenderfit)
- Business tax returns for last three years
- Year-to-date profit and loss statement
- Business debt schedule
- Three most recent business bank statements
- Personal tax return for previous year
- Credit authorization form
Support That Puts You First
Small business owners can get one-on-one mentorship through our Business Advising program, use the Good Jobs Toolkit to improve workplaces, and qualify for a Good Jobs Rebate that rewards employee investment.