Official recovery information for Sonoma County fires:  SonomaCountyRecovers.org »

4. Finance your Growth

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As you move into a growth phase, make sure you have a good funding source that will sustain you through economic ups and downs. See below for local lending options.

Banks and Credit Unions

NamePhoneWebsite
Alta Pacific Bank(707) 543-2704www.apbconnect.com 
American AgCredit(707) 545-1200www.agloan.com 
Bank of America(707) 293-2553www.bankofamerica.com 
Bank of the West(866) 306-7254www.bankofthewest.com 
Beneficial State Bank(888) 326-2265www.beneficialstatebank.com
Community First Credit Union(707) 546-6000www.comfirstcu.org 
Exchange Bank(707) 524-3151www.exchangebank.com 
First Community Bank(707) 568-6000www.fcbconnect.com 
JPMorgan Chase Bank N.A.(888) 536-3722www.chase.com 
Luther Burbank Savings(707) 523-9898www.lutherburbanksavings.com 
North Valley Bank(707) 522-5480www.novb.com 
Presidio Bank(415) 293-1005www.presidiobank.com
Redwood Credit Union(800) 479-7928www.redwoodcu.org 
Sonoma County Grange C.U.(707) 584-0384www.grangecu.org 
Sonoma Federal Credit Union(707) 527-6216www.sonomafed.com 
Summit State Bank(707) 568-6000www.summitstatebank.com 
Tri Counties Bank(530) 895-7580www.tcbk.com
U.S. Bank N.A.(415) 357-1722www.usbank.com/sba 
Umpqua Bank(415) 898-5400www.umpquabank.com
Wells Fargo Bank, N.A.(707) 584-3165www.wellsfargo.com 

Small Business Administration (SBA) Loans

SBA loans are federally guaranteed and geared towards small businesses and entrepreneurs. Typically, lenders require a completed business plan with financial projections, 20-30% equity or collateral, and evidence of ability to repay the loan.

NamePhoneWebsite
Bank of the West(866) 306-7254www.bankofthewest.com 
Exchange Bank(707) 524-3151www.exchangebank.com 
First Community Bank(707) 568-6000www.fcbconnect.com 
JPMorgan Chase Bank N.A.(888) 536-3722www.chase.com 
Redwood Credit Union(800) 479-7928www.redwoodcu.org 
U.S. Bank N.A.(415) 357-1722www.usbank.com/sba 
Umpqua Bank(415) 898-5400www.umpquabank.com
Wells Fargo Bank, N.A.(707) 584-3208www.wellsfargo.com 

Alternative Lending Resources for Businesses

These alternative lending resources can help businesses that encounter difficulty gaining financing through traditional means. These lenders can finance start-ups and existing businesses, and some offer pre and post-loan business counseling.

Bay Area Small Business Finance(510) 830-3280www.basbf.com
Offers SBA Community Advantage Loans ranging from $25,000 to $250,000 for up to 10 years.
SAFE-BIDCO(707) 577-8621www.safe-bidco.com
Offers a range of lending services for non-traditional borrowers
Working Solutions(415) 655-5473www.workingsolutions.org
Micro-lender that specializes in startups and existing businesses. Up to $25,000 is available for startups, up to $50,000 is available to existing businesses.

Be sure to check on NEW alternative lending opportunities launched by the EDB in 2016.

Angel Investors and Venture Capital

Angel venture capital investors provide funding to companies engaged in groundbreaking practices including, but not limited to the areas of; Agriculture, alternative energy, biotech, clean tech, communications, industry, high tech, and manufacturing.

NamePhone
Cascade Capital(415) 456-1001
Innovation Ventures(415) 383-8272
North Bay Angels(707) 431-4201
Technology Partners(415) 332-9999

Environmentally-focused Financing

California Capital Access Program (CALCAP)
California Pollution Control Financing Authority(916) 654-5610
CALCAP Lenders:
Bank of America(707) 542-4433
Wells Fargo(707) 584-3110
Energy Efficiency/Conservation Loan
SAFE-BIDCO(707) 577-8621
Recycling Market Development Zone (RMDZ)
California Integrated Waste Management Board(916) 341-5630
Energy Upgrade Financing and Rebates
Sonoma County Energy Independence Program (SCEIP)(707) 565-6470

Crowdfunding and Other Resources

Crowdfunding connects entrepreneurs with investors and/or donors who pool their resources to fully fund a project or venture. Each of the sites listed below differ in their offerings and requirements, so be sure to investigate each thoroughly.

If you would like your institution or program listed here, please call the Economic Development Board at (707) 565-7170, or email edb@sonoma-county.org.

Contact Information

Al Lerma

Director of Business Development and Innovation

Economic Development Board
Contact us by Phone
Address
141 Stony Circle, Suite 110
Santa Rosa, CA 95401
 

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