San Joaquin County Revolving Loan Fund
What is the Revolving Loan Fund?
The San Joaquin County Economic Development Association offers technical assistance to businesses located in or expanding to San Joaquin County that create or retain jobs. The professional staff works with local lenders, the Small Business Administration (SBA), and the County's Revolving Loan Fund (RLF) to select the best source for financing. Loans may be arranged for the startup, retention or expansion of business activities in San Joaquin County. Start today!
Since its launch, the Revolving Loan Fund has provided over $9 million in financing to help businesses that may not qualify for traditional bank loans. The program offers flexible funding for building improvements, equipment, and working capital—supporting local growth and strengthening San Joaquin County’s economy. Learn about our loan products below:
| Loan Products | RLF Loan Financing: Business Incubator, Small Cap, and Traditional |
|---|---|
| Targeted Customer: | For startup, gap financing, expansion or location of businesses in San Joaquin County. |
| Use of Funds: | Acquisition of owner occupied land and facilities, building construction or remodeling, purchase of equipment, furniture, and fixtures, leasehold improvements, working capital needs, and/or inventory |
| Method: | Provide fixed-term financing to eligible borrowers to support business growth and expansion. |
| Specific Requirements: | One (1) job created or retained for every $75,000 loaned, and proof of loan denial from a traditional lending source. |
| Terms and Interest Rate: | Loan terms generally range from 3 to 25 years, depending on the use of proceeds, and will not exceed the useful life of the asset(s) being financed. The interest rate is based on the Wall Street Journal Prime Rate (WSJ Prime) in effect at the time of loan approval. Typical loan amounts range from $15,000 to $100,000, with a maximum Revolving Loan Fund (RLF) loan amount of $1,000,000. |
Interested?
Explore how the Revolving Loan Fund can help your business grow — and how to apply.
Step 1:
Get familiar with how the Revolving Loan Fund can help your business.
The Revolving Loan Fund (RLF) provides flexible financing to help local businesses succeed in San Joaquin County. Learn more in the brochure below before starting your application.
RLF Small Business Brochure
Step 2:
Start your online application when you’re ready.
Click here to apply for Revolving Loan FundStep 3:
Contact our team for guidance.
Once you’re ready to move forward, submit your online application or contact Winona Esquivel at rlf@sjcworknet.org or (209)468-3615 for one-on-one assistance in utilizing services through the Revolving Loan Fund program.
Need Help?
If you need more assistance or if these steps didn’t help, click here for frequently asked questions about Revolving Loan Fund.