​Develop | Finance

Whether you're adding an electrical vehicle charger or building high-rise apartments, you'll find everything you need to help your project run smoothly.


Commercial development

Project Development Portal

  • Learn how to connect to SMUD's electrical system or submit a project application

  • Track project status

  • Make payments and share information with project team members

916-732-5700     Apply now

Starting a major project?

Our Commercial Development team is a partner in success for our major developer customers in the planning, coordination and connection of projects to our grid. Learn More

Loan programs

We loan up to $10,000 to business customers investing in energy efficiency measures and consider higher loan amounts on a case-by-case basis. Your business may be eligible if you're planning to upgrade lighting, heating and air-conditioning systems, refrigeration systems or process equipment. We offers low interest rates, generally for a term of 10 years (loan terms for tenants are six months less than the time remaining on the property's lease).


Established and capitalized by SMUD, the City of Sacramento, Sacramento County and the National Development Council, this fund helps eligible small businesses obtain financing. Through its Loan Guarantee Program, you can get financing for:

  • Working capital
  • Property
  • Machinery and equipment
  • Refinancing an existing loan
  • Making leasehold improvements

Typical loan requirements include:

  • For-profit business located in Sacramento County
  • $100,000 or more in financing
  • Cash flow sufficient to cover the loan payments
  • Results in retaining or creating jobs

Grow Sacramento Fund website

In partnership with the California Capital Financial Development Corporation, SMUD guarantees commercial bank loans for small businesses in Sacramento County that do not qualify for conventional financing. These loans can be used for:

  • Business start-up costs
  • Working capital
  • Business procurement
  • Franchise fees
  • Equipment and inventory