Industrial Development Bond (IDB) financing is a tool for small to medium sized California manufacturers and processors looking to purchase land and construct a building; purchase and rehabilitate and existing building; expand an existing facility; and/or acquire new equipment.  The Economic Recovery and Reinvestment Act of 2009 significantly increased the types of businesses that can utilize low-interest rate, tax exempt IDB financing.  To learn more, visit the website of the California Enterprise Development Authority and their success stories. 

Sonoma's local banks can provide information on various lending programs, including SBA loans.  Click here for a fact sheet on the SBA 7(a) Loan Program.

Bank of America	35 W. Napa St.	(707) 935-1604
Bank of Marin	136 W. Napa St.	(707) 933-3750
Bank of the West	201 W. Napa St.	(707) 938-3035
Cal State Central Credit Union	500 W. Napa St.	(707) 935-2320
Chase Bank	501 Broadway	(707) 996-1082
Citi Bank	19245 Sonoma Hwy	(800) 274-6660
Exchange Bank	435 W. Napa St.	(707) 938-8358
Rabobank	10 Maple St.	(707) 933-3090
Redwood Credit Union	500 W. Napa St.
Sonoma Bank	135 W. Napa St.	(707) 935-7800
Union Bank	500 Broadway	(707) 933-1140
US Bank	531 Fifth St. West	(707) 938-5666
Wells Fargo Bank	480 W. Napa St.	(707) 996-2360
WestAmerica Bank	202 W. Napa St.	(707) 935-3200
WestAmerica Bank	18615 Sonoma Hwy	(707) 939-7300

Loan programs are also available through SAFE-BIDCO (the State Assistance Fund for Enterprise, Business, and Industrial Development Corporation), based in Santa Rosa.   These include SBA Guaranteed Loans, the California Loan Guarantee Program, a microloan program, and energy efficiency loans.

Sonoma Valley's two redevelopment project areas, one within the City and one within the Springs neighborhood in the unincorporated area, are in the process of being shut down due to action by the State of California to eliminate redevelopment.  Information about these redevelopment areas and the links to Successor Agencies are available on the Redevelopment page.