California Coastal Rural Development Corporation (Cal Coastal) is a California chartered nonprofit public-benefit corporation servicing the financial needs of small businesses and farmers.  The corporation provides direct loans and loan guarantees to businesses located on the Central Coast through our offices located in Salinas and Santa Maria.  We have a community based Board of Directors that guides the organization.  The Board of Directors and Loan Committee members are business people and bankers with backgrounds in credit.  Cal Coastal funds these specialized lending facilities allowing their clients the ability to grow their businesses.  Although we serve a wide variety of business sectors, our primary emphasis with all of our programs is to provide necessary capital to businesses and thereby create employment.

Cal Coastal currently operates eight (8) loan programs which include; Farm Loan Program, SBA 504 Program, SBA Micro Loan Program, Intermediary Relending Program, State Guarantee Program, Monterey County Revolving Loan Fund, Community Advantage 7(a) Loan and Underground Storage Tank Cleanup Fund.  The typical loan range is from $5,000 to $5,000,000, and can be utilized for building purchase, machinery and equipment, inventory, or working capital.

California Coastal Rural Development Corporation is dedicated to providing financing to small farmers and businesses throughout California who lack access to capital and technical assistance. Our mission is to assist these enterprises to grow, thrive and prosper enabling the overall economic development to our under served communities.