Small Business Diversity Banking Program for Minority, Women, and Veteran Business Owners
Small Business Diversity Banking Program aims to empower minority, women, and veteran-owned businesses by providing access to loans and lines of credit. Eligible businesses include those with over 50% ownership or control by minority, women, or veteran U.S. citizens in California with annual revenue not exceeding $10 million. The program offers special purpose credit options such as business access lines of credit and term loans tailored to support small business growth. Additionally, the program collaborates with Community Development Financial Institutions (CDFIs) to offer alternative financing solutions and technical assistance for business success.
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Small Business Diversity Banking Program LOANS FOR MINORITY, WOMEN AND VETERAN BUSINESS OWNERS A division of Zions Bancorporation, N.A. Member FDIC
Small Business Diversity Banking Program Small Business Diversity Banking Program helps empower minority-, women- and veteran- owned businesses with the capital they need to help them succeed. Wider access to loans & lines of credit Under the Equal Credit Opportunity Act, the Small Business Diversity Banking Program provides wider access to loans and lines of credit, giving more businesses the chance to grow and prosper The program uses special purpose eligibility standards and underwriting guidelines to assist minority, women and veteran business owners 2
Eligible businesses Minority-owned Women-owned Veteran-owned Small business loans and lines of credit to help women-owned businesses thrive. Special purpose eligibility standards and underwriting guidelines can help make dreams a reality. Access to short-term and long-term capital to help fuel growth for businesses owned by veterans. Short-term and long-term financing under special purpose eligibility criteria for minority businesses owned by members of Black or African American, Asian, American Indian, Alaska Native, Native Hawaiian or other Pacific Islander, and Hispanic or Latino groups. 3
Eligible businesses Small businesses with more than 50 percent ownership or control held by one or more minority, women or veteran U.S. citizens. Business located in California Gross Annual Revenue not to exceed $10 million Business type: Sole Proprietor Partnership Limited Liability LLC C Corp S Corp 4
Special Purpose Credit Program Loans and Lines of Credit1 Business Access Lines of Credit including secured and unsecured options up to $25,000 Business Access Term Loans including equipment and vehicle financing up to $175,000 Owner-Occupied Real Estate Loans Long-Term Fixed Asset Financing 1) All loans subject to credit approval; terms and conditions apply. See banker for details. NMLS #467014 5
The CB&T difference Community Development Financial Institutions (CDFI) Relationships CB&T has relationships with numerous CDFI s throughout California CDFI s offer technical assistance and alternative financing options to help small businesses succeed The Small Business Diversity Banking Program can integrate with CDFI programs Knowledgeable bankers Local offices with knowledgeable bankers are available to discuss the Small Business Diversity Banking Program, market conditions and how to best capitalize on growth opportunities. 6
