Open Daily: 10am - 10pm | Alley door pickup 10am - 7pm 3038 Hennepin Ave Minneapolis, MN
612-822-4611

  • Open Daily: 10am - 10pm
    Alley-side Pickup: 10am - 7pm

    3038 Hennepin Ave Minneapolis, MN
    612-822-4611

Open Daily: 10am - 10pm | Alley-side Pickup: 10am - 7pm
3038 Hennepin Ave Minneapolis, MN
612-822-4611
State Small Business Credit Initiative: Illinois' Use of Federal Funds for Capital Access and Other Credit Support Programs

State Small Business Credit Initiative: Illinois' Use of Federal Funds for Capital Access and Other Credit Support Programs

Office of the Inspector General Departme

Paperback

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ISBN10: 150526412X
ISBN13: 9781505264128
Publisher: Createspace
Published: Jan 3 2015
Pages: 34
Weight: 0.23
Height: 0.07 Width: 8.50 Depth: 11.00
Language: English
SSBCI is a $1.5 billion Treasury program that provides participating states, territories, and eligible municipalities with funding to strengthen Capital Access Programs (CAPs) and other credit support programs that provide financial assistance to small businesses and manufacturers. CAPs provide portfolio insurance for business loans based on a separate loan loss reserve fund for each participating financial institution. Other credit support programs include collateral support, loan participation, loan guarantee, direct lending, and venture capital programs.

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