Northern California Native American Loan Program

Native American Loans

The Northern California Native American Loan Program was created by SAFE-BIDCO in cooperation with the United States Department of Agriculture, Rural Development. The mission of this program is to encourage community economic development and job creation in Northern California by providing financing for Indian owned small businesses both on and off reservation property.

This program can fund the majority of a project. Loan proceeds may not be used in conjunction with other business financing to meet other lender requirements. It is expected that the applicant demonstrate commitment to the project by cash, equity or other types of collateral. All loans on reservation property must have Tribal Council consent.

Eligible to federally recognized tribes in the counties of:

  • Alpine
  • Amador
  • Butte
  • Calaveras
  • Colusa
  • Del Norte
  • El Dorado
  • Glenn
  • Humboldt
  • Lake
  • Lassen
  • Mendocino
  • Modoc
  • Napa
  • Nevada
  • Placer
  • Plumas
  • Sacramento
  • San Joaquin
  • Shasta
  • Sierra
  • Siskiyou
  • Solano
  • Sonoma
  • Sutter
  • Tehama
  • Trinity
  • Yolo
  • Yuba

Eligible Borrowers

This program is open to small businesses at least 51% Indian owned that are looking for financing to expand operations as well as those who desire to start up or acquire an existing enterprise. The applicant must demonstrate the ability to repay the loan from current or projected cash flows. Moderate to good credit history is required.

Eligible Projects

  • Equipment purchase & upgrades
  • Expansion or modernization
  • Inventory
  • Furniture & fixtures
  • Business acquisition or start up
  • Purchase and development of land
  • Pollution Control
  • Transportation services
  • Feasibility studies
  • Debt Refinancing

Excellent Terms

  • Loan application fee $250
  • Loan fee up to 2% of loan amount
  • Loans up to $250,000 (or 75% of total cost)
  • Rates fixed & variable
  • Prime plus 1% – 6.5%, minimum interest rate 9.00%
  • Up to 10 years working capital
  • Up to 15 years equipment

Required Documents

Along with a completed application, please forward the following information*:

  • Project description, including number of jobs created or retained
  • The last 2 years business tax returns
  • Most recent interim business financial statement & debt schedule
  • The last 2 years personal tax returns

If your request is for a business less than one year old, please include the following information in addition to above:

  • Business plan & management resume
  • Projected operating statement
  • Personal financial statement

*Additional information may be requested. Denials may be appealed in writing within 10 days.

Fair Credit Notice

The Federal Equal Credit Opportunity Act prohibits creditors from discriminating against credit applicants on the basis of race, color, religion, national origin, sex, marital status, age (provided the applicant has the capacity to enter into a binding contract); because all or part of the applicants income derives from any public assistance program; or because the applicant has in good faith exercised any right under the Consumer Credit Protection Act. The agency that administers compliance with this law concerning creditors is:

Comptroller of the Currency
Compliance Management Division
Washington, DC 20219