Northern California Financial Development Corporation, or Nor-Cal FDC, was founded in 1978 to help entrepreneurs and small businesses obtain financing. Working with other public and private partners, Nor-Cal FDC offers the loan guaranty or synthetic collateral to complete loans for its business clients. 

Nor-Cal FDC works with 125 lenders in California to carry out its mission. More than $1.2B has been allocated to California for the State Small Business Credit Initiative over the coming years; Nor-Cal FDC completed approximately 350 deals last year valued around $50M in guarantees, up from $12M in guarantees in 2017.