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INDUSTRIAL DEVELOPMENT BONDS
Job-generating manufacturers citywide are eligible for $500,000 to $10 million
in financing as well as state and federal tax exemptions for any loans below
commercial market rates. San Jose Office of Economic Development: 408.535.8181
website: www.sjeconomy.com
OPPORTUNITY FUND (Formerly Lenders for Community Development (LCD))
AVAILABLE IN SANTA CLARA AND SAN MATEO COUNTIES
Opportunity Fund offers small businesses
loans of up to $200,000 and lines of credit up to $10,000
(market rates of interest on loans). Opportunity Fund also
provides no-cost technical assistance.
Opportunity Fund: 408.297.0204
website: www.opportunityfund.org
RECYCLING MARKET DEVELOPMENT ZONE
San Jose manufacturers using recycled feedstock (glass, paper, plastic, used tires, etc.) may be eligible for low-interest state loans up to $2 million and technical, marketing and location assistance.
San Jose Environmental Services Department: 408.535.8550
website: www.sanjoseca.gov/esd/
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