California Capital Access Program (CalCAP)
– Small Business Financial Assistance Program Loans up to
$1.5 million can be included in the CalCAP portfolio Program:

How the CalCAP program benefits you and Crossroads:
Freightliner Day Cab CalCAP

CalCAP offers Crossroads a mechanism to provide loans to small businesses that may not otherwise be able to get a loan. With CalCAP's portfolio insurance, Crossroads is able to cover portions of loans that exceed the risk threshold normally set for most business loans. CalCAP's flexibility includes:

With very few exclusions, virtually any business loan is eligible under CalCAP.
CalCAP provides insurance to Crossroads' portfolio of loans. Funds are placed in a loss reserve account as each CalCAP loan is enrolled.
CalCAP allows Crossroads to cover loans beyond its conventional risk threshold whether it is for all of a loan or only a portion.
Crossroads can restructure loans by extending the terms of CalCAP loans, amending covenants or releasing collateral.

Company Qualifications:

100 or less employees
20 or less trucks. If a company has 20 trucks they can qualify for one more loan under this program for as many trucks as they want up to the ceiling of $1,500,000 in total loans.
$10 million or less in revenue (this is an average of the last three years).
May be located out of the state of California, but must conduct more than 50% of their business in California.
$1,500,000 limit per customer.

Truck Qualifications:

Bus Qualifications:

Trailer Qualifications:

53 feet or longer can be retrofitted if purchased in conjunction with a 2007 compliant truck.
53 feet or longer 2011 model year, does not need to be purchased in conjunction with a truck.
Types
- Regular box
- Car carrier
- Refrigerated unit
- Liquid tanker

For more information contact a Crossroads' representative, or visit the State's website at: