Treasurer John Chiang helped a Fresno business expand by facilitating a loan valued at $150,000 through the Treasurer’s Collateral Support Program, which encourages banks and other financial institutions to lend to small businesses that would otherwise have difficulty obtaining financing. The loan benefitted Fresno’s Belmont Radiator Shop, which repairs radiators and semi-trucks. The loan was made possible through collaboration with Fresno Community Development Financial Institution. The radiator shop was established in 1998 and it is owned by Teodoro and Leticia Pizano.
: Where capital is no longer a barrier to success in central California.
Equal Opportunity For All – Title VI of the Civil Rights Act: Prohibits discrimination based on race, color, and national origin in programs and activities receiving federal financial assistance, while Section 504 of the Rehabilitation Act prohibits discrimination based on disability in such programs.