California Capital Access Program (CalCAP) Electric Vehicle Charging Station (EVCS) Financing Program
Can you apply?
This grant is for small businesses in California seeking to finance electric vehicle charging station (EVCS) installation and equipment. Applicants must work through participating financial institutions that are enrolled in the California Capital Access Program (CalCAP). Borrowers can receive loan enrollment in the program with potential 10-15% rebates and up to 100% default coverage. Maximum loan enrollment is $500,000 per project.
This grant is for small businesses in California seeking to finance electric vehicle charging station (EVCS) installation and equipment. Applicants must work through participating financial institutions that are enrolled in the California Capital Access Program (CalCAP). Borrowers can receive loan enrollment in the program with potential 10-15% rebates and up to 100% default coverage. Maximum loan enrollment is $500,000 per project.
Program description
Loans in this program must be used for the design, development, purchase, and/or installation of electric vehicle charging stations at small business locations in California. Borrowers may be eligible to receive a rebate of 10-15% of the enrolled loan amount. Loans enrolled in the program may receive up to 100% coverage in case of defaults.Maximum loan enrollment amount is $500,000.00.CPCFA does not work directly with borrowers to apply for financing, applicants mus apply through participating financial institutions. https://www.treasurer.ca.gov/cpcfa/calcap/evcs/lenders.pdfThe total number of loans enrolled (2015-2019) is 2, with an average loan amount of $255,562.00.
Who can apply
Eligible applicants
Details
This grant is for small businesses in California seeking to finance electric vehicle charging station (EVCS) installation and equipment. Applicants must work through participating financial institutions that are enrolled in the California Capital Access Program (CalCAP). Borrowers can receive loan enrollment in the program with potential 10-15% rebates and up to 100% default coverage. Maximum loan enrollment is $500,000 per project.
How to apply
Application links
Program contact
- 📧 CalCAP@treasurer.ca.gov
- 📞 1-916-654-5610
Funding track record
Past applications & awards under this program (California Grants Portal) — how competitive it is.
By fiscal year
| Fiscal year | Applications | Awarded | Award rate |
|---|---|---|---|
| 2021-2022 | — | — | — |
Source: California Grants Portal
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