Presents:
Part 2 of
GROWING RESILIENCY:
Nonprofit Strengthening through the COVID Crisis and Beyond
In response to the urgent needs expressed by Kern's nonprofit community in a recent survey conducted by Kern Community Foundation, we are continuing with our Nonprofit Strengthening Webinar Training Series, "Growing Resiliency," to help sustain our nonprofit partners through the COVID-19 crisis and beyond.

Finding financial/capital access tools and nontraditional financial resources to remain sustainable were needs expressed by many of our survey respondents.

The second installment of our series introduces a unique capital access program chaired by the California State Treasurer that encourages banks and other financial institutions to make loans to small businesses (including nonprofits) that might otherwise have difficulty obtaining financing.
Second in the Series:
Understanding the Resources of the California Capital Access Program (CalCAP) for Small Business
Since 1994, CalCAP has been furthering community and economic development in a number of ways:

1) CalCAP helps small businesses, including nonprofits, that create jobs and improve the economy. The program insures loans for land acquisition; construction or renovation of buildings; start-up costs; capital projects; collateral support; and working capital.

2) Run by the California Pollution Control Financing Authority (CPCFA), CalCAP offers specialty financing programs targeted toward creating more charging stations for electric vehicles; helping at-risk small businesses with federal Americans with Disabilities Act (ADA) compliance; assisting small businesses and property owners with seismic retrofit financing; and enabling small fleet owners to purchase trucks that are California-emissions compliant.

3) It helps lenders by providing up to 100% coverage on certain loan defaults. Lenders that participate in CalCAP have available to them a proven mechanism to help meet the financing needs of California's small businesses.

Janae Davis, CPCFA Deputy Executive Director, will share information on CalCAP for both potential borrowers and lenders--as the program is seeking to expand assistance to small businesses as well as its network of lending institutions in Kern County during these challenging times.


When?
Wednesday, September 30, 11 a.m. - Noon
RSVP Required
This webinar is FREE, but you must RSVP by close of business Friday, September 25, using the button at right. Be sure to provide your name, title, and the name of your agency. A Zoom link will be sent to your e-mail address prior to the webinar.

Questions? Please write to Louis Medina, Director of Community Impact, at Louis@kernfoundation.org.
Stay Tuned for More "Growing Resiliency" Training Announcements
in the Coming Weeks and Months!
Kern Community Foundation will continue to provide as many training resources as possible to meet our nonprofit partners' resiliency and long-term sustainability needs during these trying times and beyond.
Kern Community Foundation
661.325.5346 | 661.325.5358