State of California Express Loan Program
Introducing IEFDC's new Express Loan Program. The Express Loan Program provides financing for all business purposes, including debt refinancing and renewals, guaranteeing up to a 50% maximum, with a loan up to $100,000. You get our great IEFDC quick response with the short, week-long turnaround time. The Express Loan Program provides an easy-to-start loan with *minimal documentation.

Minimal Documentation
1. Bank Application Documents
2. Credit Report
3. 2 Years Business & Personal Tax Returns
4. 1st Position Security Agreement & UCC-1 Financing Statement
5. IEFDC site visit

Guarantee Fees
1. Lines of Credit: 1%
2. Term Loans: 1%
3. Documentation fee: $100

*additional collateral & documentation may be required