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CA
Berkeley Revolving Loan Fund
The City of Berkeley's Revolving Loan Fund provides below-market financing to Berkeley businesses, nonprofits, and cooperatives that need capital for growth or stabilization.
About this program
Visit the program website for full details.
Eligibility
Eligible applicants are businesses, nonprofit organizations, and cooperatives located in the City of Berkeley that need business financing and are unable to fully meet their needs through traditional private financing.
Requirements
- Business or organization must be located in the City of Berkeley.
- Applicant must use loan proceeds for eligible business purposes such as expansion, equipment, fixed assets, working capital, or real estate.
- Applicant must demonstrate that financing supports economic development, job creation, job retention, or commercial vitality in Berkeley.