The Association of Financial Development Corporations

06/24/2024

Read about the California Small Business Loan Match website which can help empower entrepreneurs through responsible lending, backed by the State of California.

06/03/2024

Without the help of financial development corporations like Nor-Cal FDC and partnerships with lenders such as Mission Driven Finance, entrepreneurs like Susana Cabrera would have a much harder time achieving their dreams. Read about her story here: https://bit.ly/3yGFZbP

05/21/2024

Great memories of last month’s meeting on April 25 with TAFDC member agencies and administration at California Infrastructure & Economic Development Bank (IBank) in Sacramento, including IBank CEO and Executive Director Scott Wu. Our programs funded more than $884 million in community development projects as of December 2023 – we’re proud to make an important impact on our state’s economy!

04/12/2024

TAFDC Vice President Sanford Livingston talked up the state loan guarantee program and its benefits before a legislative subcommittee recently as part of an informational hearing on federal SSBCI funding for small biz. Check it out! https://bit.ly/4aO3Cgk

11/11/2023

Honoring the incredible dedication and sacrifice of our nation's veterans. Learn about the history of this important day here: https://bit.ly/49zFtdu

10/15/2023

More success with California's Small Business Loan Guarantee, the best-kept financing secret for small businesses, especially those that face the most significant obstacles!

09/04/2023

Celebrating the contributions of our nation's workforce to the vitality of our country and individual lives. Happy Labor Day! To learn about the history of this holiday, visit dol.gov/general/laborday/history

08/19/2023

TAFDC member Nor-Cal Financial Development Corporation announced exciting news -- the achievement of their first $5 million state loan guarantee to help finance a star-studded feature film that opened today, Aug. 18! Full story here: https://bit.ly/47D15ER California Infrastructure and Economic Development Bank - IBank Nor-Cal FDC

Nor-Cal Financial Development Corporation, a member of The Association of Financial Development Corporations, announced today its first $5 million loan guarantee that helped finance marketing and advertising for a star-studded feature film, “Back on the Strip.”

08/17/2023

TAFDC member Nor-Cal Financial Development Corporation announced exciting news -- the achievement of their first $5 million state loan guarantee to help finance a star-studded feature film that opens tomorros, Aug. 18! Full story here: https://bit.ly/47D15ER California Infrastructure and Economic Development Bank - IBank Nor-Cal FDC

Nor-Cal Financial Development Corporation, a member of The Association of Financial Development Corporations, announced today its first $5 million loan guarantee that helped finance marketing and advertising for a star-studded feature film, “Back on the Strip.”

07/12/2023

Check this out! Leaders of two TAFDC member agencies will serve as featured speakers during a July 20 "Access to Capital" webinar for economic developers. The event will be held from 1 – 2:30 p.m. Beginning at 1:05 p.m., Deborah Lowe Muramato, President/CEO of California Capital Financial Development Corporation and Debbie Raven, President/CEO of Valley Small Business Development Corporation will lead a panel on lending to small businesses. Click the link for info and registration: https://bit.ly/3rhx6lc

07/04/2023

The Association of Financial Development Corporations joins in the celebration of our nation’s birth this 4th of July, and all of its meaning. May we continue to strive toward the ideals of liberty and true equality for all humankind and put into practice the words of Thurgood Marshall, “Where you see wrong or inequality or injustice, speak out, because this is your country. This is your democracy. Make it. Protect it. Pass it on.”

06/21/2023

ICYMI: California's IBank recently reported it has closed more than $1 billion in loans to finance critical infrastructure that helps ensure clean water, safer highways, expanded air travel, coastal protection, fire protection and more. More here: https://bit.ly/42x40v3