Ventura County Grows Business partners with several local organizations that provide a wealth of knowledge and resources related to loans, funding, and capital services in Ventura County. One such partnership is with the EDC, a community based lender that provides a wide range of targeted loan funds to businesses within the Ventura County Area. Whether you are interested in small business loans or other loan options, our partners can provide you with the relevant information and resources to make the best choice for your business. More information regarding some of our partners can be found below.
Industrial Development Bonds (IDBs) are tax-exempt securities issued for up to $10 million by a government agency. IDBs can provide money for acquisition, construction,rehabilitation, and equipment for manufacturing and processing facilities. IDBs can be issued by the I-Bank, local Industrial Development Authorities, or by Joint Powers Authorities.
This loan program offers energy specific funding for non-residential properties. The benefits of this program are extensive, featuring lower interest rates, non-credit based property qualified financing, longer pay back period, and repayment obligation that remains with the property even in the event that the property is transferred or sold.
Southern California Edison has tailored a program for businesses who use 200KW or more of electricity annually. The Southern CA Edison utility cost reduction program is fully sanctioned by the California Public Utilities Commission, and helps business to stay in California by offering specific cost reductions.
To expedite service delivery, we recommend that you contact our partner organizations directly; however, please do not hesitate to contact Ventura County Grows Business for help in identifying the partner best suited for your needs.