Businesses

PSPS Back-up Generator Program For Businesses

Short-term Loans for Business Owners in Public Safety Power Shutoff (PSPS) Affected Areas 

 

For businesses in Public Safety Power Shutoff (PSPS) affected areas of Shasta, Siskiyou, Modoc and Trinity Counties to purchase a back-up power generator to help them remain open and reduce losses during a PSPS event.

  • Loans up to $5,000 for 24 months to purchase back-up generators
  • Streamlined application and expedited processing

For more information and a loan application, Contact SCED or call (530) 225-2760.


Before Installing A Power Generator


  • Know and follow the manufacturer’s safety requirements for installation and operation
  • Ensure the generator is properly sized and the building’s electrical system is in good working order
  • Make sure the generator is professionally installed and connected
  • Ensure proper ventilation and never operate the equipment indoors
  • Learn to manually operate doors and other power equipment in case of a power failure
  • Check with local authorities for applicable regulations

Current SBA 504 Loan Rates

25-Year Fixed Rate 3.80%
20-Year Fixed Rate 3.74%
Refinance Fixed Rate 3.78%
Loan Rate Pricing Changes Monthly

Business Financing Success Stories

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“SCED really is a huge benefit for businesses owners. It’s just an amazing program.”

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Caterpillar Campus

Redding, CA
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“These are specialty-use buildings, so traditional financing… well, banks get a little scared to fund a project like this, even with a lot of collateral.”

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Premier Oil Change

Redding, CA
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“SCED meets a critical demand for small business.”

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Know Opportunity

Redding, CA
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“I knew SCED was working for my success, not just their own bottom line.”

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LPL Financial

Redding, CA
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“An appraisal was done which included improvements, so my loan funded all the remodeling, improvements, new chairs, and computers,” Adelman says.

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Everything Medical

Redding, CA
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“A business development loan provided the financial boost for internally redesigning the machine and eliminating the flaw in the process.”

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Sof-Tek Integrators

Redding, CA
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“To be honest, we didn’t really do much, SCED did everything.”

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Taylor Made Landscaping

Redding, CA
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“I really wanted to do the right thing for downtown.”

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CPR, Inc.

Redding, CA
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“The biggest challenge to obtaining financing was being a new business,” says Juli, “and fighting the assumption that I didn’t know what I was doing.”

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JR Martin and Associates

Redding, CA
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“How are you supposed to be new and succeed if you don’t change anything?!”

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Signarama

Redding, CA
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Julie gives credit to SCED Loan Manager Ryan Richardson for “not just evaluating the numbers, but evaluating me."

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Tsasdi Resort

Lakehead, CA
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“SCED didn’t have their own agenda, and they were helpful throughout the entire process. They made it seem so easy.”

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Boundary Waters Screenprinting

Redding, CA