Business Loans
Unable to Obtain a Conventional Bank Loan?
Superior California Economic Development’s Business Loan Program offers financing to businesses, preparing them for growth and expansion and ultimately strengthening our local economies by creating new jobs.
If You Have- Historical business earnings
- Well-founded revenue projections
- A solid business plan with complete financials
- Acceptable credit history
- Minor historical credit issue
- Short length of time in business
- Small loan amount requested
- Financing available from $5,000 to $250,000
- Fixed interest rates
- Longer loan terms to keep your payments low
- Be for profit
- Be located in Shasta, Siskiyou, Modoc or Trinity Counties
- Demonstrate the ability to repay the loan from business-generated profits
- Create or retain jobs with the loan funds
- Purchase an existing business
- Acquire land or a building
- Purchase machinery & equipment
- Purchase inventory