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  5. ›Roseville Advantage Financing Program

City of Roseville·California

Roseville Advantage Financing Program

Closes 5/14/2026$1M – $5MRequest for ProposalLogin required
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Description

The City of Roseville is seeking proposals from local banks to participate in the Roseville Advantage Financing Program. The program aims to provide financing options to small and medium-sized businesses in the city, and the selected bank(s) will be required to provide a range of services, including lending, underwriting, and marketing. The City will deposit funds into the selected bank(s) and will work with them to promote the program and attract new businesses to the area. The proposal should include information about the bank's experience and qualifications, as well as its approach to implementing the program. Some key components of the proposal include: • A description of the bank's qualifications and experience in providing similar services • A detailed plan for implementing the program, including marketing and outreach strategies • Information about the bank's lending and underwriting policies and procedures • A description of the bank's approach to customer service and support • A breakdown of the costs and fees associated with the program The City is looking for a bank that can provide a comprehensive and innovative approach to financing and supporting local businesses, and that can work collaboratively with the City to achieve its economic development goals.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Jeannine Thrash

[email protected]

(916) 774-5473

Key dates

Opened
4/13/2026
Questions due
4/23/2026
Closes
5/14/2026
Duration
3 years

Last updated

Details

Type
Request for Proposal
Industry
Financial Services
NAICS
522110
Solicitation №
10-034

Budget estimate

$1,000,000 – $5,000,000

The budget for this opportunity is likely to be in the range of $1 million to $5 million per year, depending on the amount of deposits made by the City and the interest rates offered by the selected bank. The City's initial deposit is expected to be around $1 million, and the bank will be required to earn an annual interest rate equal to the posted Local Agency Investment Fund (LAIF) rate plus a certain basis point. The bank will also be required to lend at least 100% of the deposited amount to small and medium-sized businesses in the city. Based on these requirements, the estimated budget range is $1 million to $5 million per year.

AI estimate from the solicitation

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