CalCAP Loan Participation Project (CalCAP LPP)

CalCAP LPP fosters growth by partnering with lenders via a third-party administrator to enhance lending capacity and offer financing for small businesses throughout California by purchasing participation interest of eligible small business loans originated by participating lenders

The CalCAP Loan Participation Project (CalCAP LPP) is funded by the State Small Business Credit Initiative (SSBCI 2.0) and will fund multiple LPPs, each coordinating a group of lenders which will lend in underserved communities. LPP funds will purchase a portion of each loan made to small businesses (up to 750 employees).

Community Capital Alliance (CCA) is the CalCAP LPP statewide third-party administrator and anticipates launching with a spring rollout in the second quarter of 2026, ahead of summer.

CalCAP LPP Administered by CCA