All businesses need capital to launch or to expand. This capital may come from personal savings, friends or family or business loans. The state of California offers the Small Business Loans Guarantee Program (SBLGP), administered by the Business, Transportation and Housing Agency in partnership with the Governor’s Office of Economic Development. The program works to help businesses create and retain jobs while encouraging investment into low-to-moderate income communities. The program helps small business get loans they may otherwise not have been able to obtain and to establish a credit history with a lender. Small business owners that employ 500 people or less may apply for a loan through the SBLGP by contacting any of the Financial Development Corporation offices. For more information, visit The American Business Credit association’s easy-to-follow guide about Small Business Association Loan Programs.