Established in 1989, California Southern Small Business Development Corporation is organized as a nonprofit, public benefit corporation. It is one of 11 funded loan guarantee programs in the state and is the largest in San Diego County. Its primary mission and focus is to assist small businesses who cannot qualify for a loan without a guarantee. The program places special emphasis on women and minority-owned businesses as well as businesses located in the enterprise zones.
California Southern has formed relationships with more than 40 banks and lending institutions which allow it to assist small businesses that have great potential, but lack credit strength. Over the past five years, California Southern has guaranteed more than 600 loans for a total loan amount of more than $56,000,000.