Business Loans in Bakersfield, CA

Bakersfield is the economic capital of Kern County — the most agriculturally productive county in the United States by value — and the hub of California's Central Valley oil and gas economy. The city sits at the intersection of the San Joaquin Valley's farming economy and the Kern County oil fields, and the small businesses serving both industries have capital needs that are as intense as the industries themselves.

Kern County's agricultural economy produces table grapes, citrus, almonds, pistachios, carrots, and dairy products at scales that are difficult to comprehend. A Bakersfield-area table grape packer processing 5 million boxes annually during the July-October harvest has equipment maintenance, labor, refrigeration, and transportation costs that run into the millions during the season before the retailer payment arrives 30-45 days after shipment. This is the core working capital challenge that FundCapa addresses for Central Valley agricultural businesses.

The oil and gas economy in Kern County — California's largest petroleum-producing county — creates active capital demand from oilfield services businesses, equipment rental companies, environmental compliance firms, and the logistics and supply businesses serving the producing fields. Energy sector small businesses in Bakersfield use alternative lending to respond to production decisions that move faster than bank credit committees.

Bakersfield's construction economy has been active, driven by population growth from the Los Angeles area where housing costs have pushed families inland. The 24th Street and downtown Bakersfield retail and restaurant corridors, the East Side's Hispanic business community, and the North Bakersfield commercial economy all have active capital needs. FundCapa has funded Bakersfield businesses across agricultural, energy, healthcare, retail, and food service sectors with approval under 1 hour.

We also serve businesses in Delano, Shafter, Wasco, Tehachapi, Taft, Ridgecrest, and throughout Kern County.