Contra Costa County
Recycling Market Development Zone (RMDZ)

Financial Resources

The following web links contain information about financial assistance available to qualifying businesses in the form of loans, loan guarantees, grants and bonds.

Loans | MicroLoans | Bond Financing | Loan Guarantees | Financing for Non-Profits Only | Forgivable Loans | Guide(s)

Loans

Recycling Market Development Zone (RMDZ) program offered by CalRecycle encourages qualifying manufacturers to utilize recycled feedstock or incorporate waste reducing practices in RMDZ areas.  Low-interest loans, permitting assistance and business development assistance are available.

504 Certified Development Company (CDC) Program provides growing businesses with long-term, fixed-rate financing for major fixed assets, such as land and buildings. A Certified Development Company is a nonprofit corporation set up to contribute to the economic development of its community. CDCs work with the SBA and private-sector lenders to provide financing to small businesses. Each CDC covers a specific geographic area. (Find the CDC in your area.)  

U.S. Department of Agriculture (USDA) Rural Development Funding Programs offered to create and save rural jobs and improve the economic and environmental climate of rural communities. The program guarantees a maximum of 90% on loans up to $2 million, a maximum of 80% on loans of $2-5 million and a maximum of 60% on loans above $10-25 million.

MicroLoans

Oakland Business Development Corporation administers the Alameda County  Revolving Loan Fund which assists eligible candidates to start up or expand businesses that reduce or divert materials that would normally be sent to Alameda County landfills. Borrowers receive support in the areas of business plan assistance, accounting, marketing, advertising, and referrals to other service providers and finance options. You may not realize that your business could qualify for an RLF loan.  Loan amounts up to $250,000.    

MicroLoan Program provides very small loans to start-up, newly established, or growing small business concerns. Under this program, SBA makes funds available to nonprofit community based lenders (intermediaries) which, in turn, make loans to eligible borrowers in amounts up to a maximum of $35,000. The average loan size is about $10,500. Applications are submitted to the local intermediary and all credit decisions are made on the local level.

Bond Financing

Manufacturing Equipment * California Communities provide eligible businesses (borrowers) located within California with tax exempt financial assistance.  This will enable borrowers to finance between $500,000 and $10 million of equipment for manufacturing, processing solid waste or recycling solid waste at a lower interest rate than generally available through commercial financing.  Contact: James Hamill, (925) 933-9229 x216

Small Business Pollution Control Tax-Exempt Bond Financing Program offered through the California Pollution Control Financing Authority to California businesses for the acquisition, construction, or installation of qualified pollution control, waste disposal, and resource recovery facilities.  Loan amounts range from $1 million to $20 million.

Industrial Development Bond (IDB)  tax-exempt financing is beneficial because companies can borrow at a substantially reduced interest rate. IDBs are available to manufacturers for the purchase of land, buildings, and capital equipment through below-market financing, at tax-exempt interest rates.   

ABAG IDB Program offers economical conduit financing to the manufacturing industry on behalf of Association of Bay Area Governments (ABAG) member jurisdictions.

California Communities* offers tax-exempt financing for manufacturers to purchase new equipment, purchase existing facilities and construct new facilities.  Each $50,000 of bond financing much result in at least one new job within two years following project completion.  The minimum size bond is $250,000 with an interest rate often 2-3% below the prime rate.

Grants

California Department of Conservation Recycling Market Development Grant.  The Division of Recycling (DOR) administers funding programs to assist organizations with establishing convenient beverage container recycling and litter abatement projects, and to encourage market development and expansion activities for beverage container materials.  Both for profit and nonprofit organizations are eligible to apply. 

U.S. Department of Energy  Small Business Innovation Research (SBIR) and Small Business Technology Transfer (STTR) are U.S. Government programs in which federal agencies with large research and development (R&D) budgets set aside a small fraction of their funding for competitions among small businesses only.  Small businesses that win awards in these programs keep the rights to any technology developed and are encouraged to commercialize the technology. 

Industrial Technologies Program  The Department of Energy ITP program provides about $50 million annually in cost-shared funding for R&D.  We award this funding through an open, competitive solicitation process designed to meet the top technology needs identified in industry's roadmaps.  Industry representatives often participate in the technical review process.    

National Institute of Standards and Technology (NIST) Advanced Technology Program (ATP) offers competitive cost-sharing awards to support high-risk R&D projects that accelerate the development of path-breaking new technologies important to the U.S. economy.  $60 million has been available in previous years.

Loan Guarantees

Small Business Administration (SBA) 7(a) Loan Guarantee Program is one of SBA's most used type loan of SBA's business loan programs. It provides loans to small businesses unable to secure financing on reasonable terms through normal lending channels. The program operates through participating private-sector lenders.

California Capital Access Program (CalCAP) encourages banks and other financial institutions to make loans to small businesses that fall just outside of most banks' conventional underwriting standards. CalCAP is a form of loan portfolio insurance which may provide up to 100% coverage on certain loan defaults. By participating in CalCAP, lenders have available to them a proven financing mechanism to meet the financing needs of California's small businesses.

California Loan Guarantee Program (LGP) allows a business to not only obtain a loan it could not otherwise acquire, but to establish a favorable credit history with a lender. With that, the business may obtain further loans on its own, without the assistance of the program.

Financing for Non-Profits Only

501(c)(3) Revenue Bond Financing is available to eligible nonprofit corporations for acquisition and/or improvement of facilities and capital assets.

Forgivable Loans

California Recycle Underutilized Sites (Cal ReUSE) Program* is implemented by the California Pollution Control Financing Authority to assist with the reuse and redevelopment of underutilized properties with real or perceived contamination issues (brownfields).  Cal ReUSE provides forgiveable loans to fund site assessment and characterization, technical assistance and remedial action plans and site access.

Guide(s)

A Financing Guide for Recycling Businesses: Investment Forums, Meetings and Networks* has been developed by the U.S. EPA and is available on-line.

* Files are in PDF format which requires Adobe Acrobat Reader ®, which can be downloaded for free:

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[1] Due to the dynamic nature of web pages, some of these links may have changed.  If the connection you click on does not work, search the home page of the web site you are browsing for more information or contact Lorna Thomson at Contra Costa County’s Community Development Department at lthom@cd.cccounty.us or (925) 335-1231 for assistance.

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Contra Costa County Department of Conservation & Development
30 Muir Road, Martinez, CA  94553
Phone:  (925) 674-7205 -- Fax: (925) 674-7250

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