Business Loan Guarantees & Underwriting Tools
For Financial Institutions & Lenders
Lending to businesses is simplified with StandardC. Your organization can reduce its credit risk by leveraging business loan guarantees offered by Nor-Cal FDC, which are backed by the State of California’s IBank. Click the link below to become certified or to renew your certification.
Loan Application & Underwriting Tools
StandardC provides bankers with underwriting and due diligence tools to streamline business loan origination & approvals. We offer custom application workflows, document sharing, & secure communications, all within a single portal.
This includes:
Borrowers can create or use an existing StandardC Credential™ to simplify their application processing
All loan applications, forms, and internal underwriting documents can be prepopulated with applicant data and information
Business screening and verification (KYB)
Beneficial owners and related party screening and verification (KYC)
Loan document sharing
Secure messaging portal
Automated audit logging
Access over $1.2 Billion in Loan Guarantees to reduce credit risk through IBank
StandardC has partnered with the Northern California Small Business Financial Development Corporation (Nor-Cal FDC) and IBank to help banks, credit unions, lenders, and CDFIs obtain loan guarantees to reduce credit risk. This funding has been made available by the U.S. Department of the Treasury’s State Small Business Credit Initiative (SSBCI) Program.
Financial Institutions & Lenders
Apply for the Loan Guarantee Program
Loan Guarantee Programs
Nor-Cal FDC provides financial institutions and lenders with access to the Small Business Loan Guarantee Program (SBLGP) using the StandardC platform. These loan guarantees are similar to loan guarantees offered by the U.S. Small Business Administration (SBA).
Nor-Cal FDC can issue state guarantees of up to 80% of the loan to the lender or financial institution. Additional programs, including the Disaster Relief Loan Guarantee Program, offer guarantees of up to 95% of the loan amount. (For loans up to $1 million.)
Small Business Loans
Business Start-up costs
Working capital
Inventory financing
Franchise fees
Business expansion
Lines of Credit
SBA 504 bridge financing
Refinancing existing business debt
SBA vs. Small Business Loan Guarantee Program (SBLGP)
Trusted by more than 120 financial institutions and lenders
Loan Guarantee Program Process
Enroll in the Loan Guarantee Program
Request and complete an application. Approval for the loan guarantee program is simple and takes approximately one business day.
StandardC Facilitates the Process with Nor-Cal FDC
Create, manage, and share all loan origination and documentation materials between your institution, the borrower, and Nor-Cal FDC in a secure and compliant platform.
Receive Approval of Loan Guarantee
Once reviewed and approved by Nor-Cal FDC, your organization will be notified in the StandardC platform and your borrower will be automatically monitored by StandardC.
StandardC Benefits
Simplified Application
StandardC bridges the gap between your financial institution and loan guarantors to reduce customer friction and to improve user experience and applications.
Shared Underwriting Data
All corporate entity documents, applications, account statements, letters of credit and more are shareable between an applicant, the lender and the loan guarantor, simplifying approval.
Due Diligence, KYB, KYC & Monitoring
Our proprietary credentialing process ensures that all business’s beneficial owners, and key persons, are verified and routinely monitored to protect and limit your exposure, and credit/default risk.
Financial Institutions & Lenders
Apply for the Loan Guarantee Program
Please note: If you are a business seeking lending, banking or other financial services, please visit our contact page to submit an inquiry about the loan guarantee program.