Business Loan Program

The City of Arcata Business Loan Program is designed to provide the critical and necessary capital needs of small businesses located within the City.  The intent of the Business Loan Program is to provide assistance to businesses, which in turn will create new and/or retain existing jobs, along with increasing the commercial and industrial base of the community.

The Business Loan Program is a Revolving Loan Fund (RLF) which loan repayments are "revolved" or "recycled” to be loaned again in the same program.  Therefore, the initial funds that capitalize the Program will be used again to create additional jobs, assist more businesses and projects, and provide significant benefits beyond the initial loans.

The City's Business Loan Program targets businesses and projects that have the greatest potential for long-term job creation/retention.  The Business Loan Program will assist businesses and projects that start-up, expand, and/or locate within the city limits of Arcata. 

For more information, please contact the Community Development Department at (707) 822-5955.

CDBG Loan Guidelines

Related Forms and Documents.

Business Loan Policy