Get State Small Business Credit Initiative - Treasury

The addition of these two states means 48 states and three territories have had their SSBCI programs approved. Texas has been approved for $472.0 million to operate a capital access program and loan guarantee program.

SSBCI provides funding for participating jurisdictions to support businesses owned and controlled by socially and economically disadvantaged individuals (SEDI- owned businesses). This certification provides documentation that an SSBCI loan supported a SEDI-owned business.

Through SSBCI, jurisdictions provide funding to small businesses through equity/venture capital programs, loan participation programs, loan guarantee programs, collateral support programs, and capital access programs tailored to local market conditions.

SSBCI funds will be used to support small business financing programs and the provision of Technical Assistance to small businesses applying for SSBCI and other government programs.

Through SSBCI, jurisdictions provide funding to small businesses through equity/venture capital programs, loan participation programs, loan guarantee programs, collateral support programs, and capital access programs tailored to local market conditions.

The addition of these two states means 48 states and three territories have had their SSBCI programs approved. Texas has been approved for $472.0 million to operate a capital access program and loan guarantee program.

Under the law, business plans, trade secrets, and financial information submitted by applicants are generally considered confidential and are not subject to disclosure. The SSBCI guidelines detail at maximum annual management fee of 1.71%.

State Small Business Credit Initiative. The State Small Business Credit Initiative (SSBCI) was originally created through federal legislation – the Small Business Jobs Act of 2010.

+About SSBCI The State Small Business Credit Initiative (SSBCI) authorizes the U.S. Department of the Treasury (Treasury) to allocate federal funds to states, U.S. Territories, Washington, D.C., and Tribal Governments (Juridictions) to capitalize local small business support programs.

The addition of these two states means 48 states and three territories have had their SSBCI programs approved. Texas has been approved for $472.0 million to operate a capital access program and loan guarantee program.

SSBCI provides funding for participating jurisdictions to support businesses owned and controlled by socially and economically disadvantaged individuals (SEDI- owned businesses). This certification provides documentation that an SSBCI loan supported a SEDI-owned business.

Through SSBCI, jurisdictions provide funding to small businesses through equity/venture capital programs, loan participation programs, loan guarantee programs, collateral support programs, and capital access programs tailored to local market conditions.

SSBCI funds will be used to support small business financing programs and the provision of Technical Assistance to small businesses applying for SSBCI and other government programs.

Through SSBCI, jurisdictions provide funding to small businesses through equity/venture capital programs, loan participation programs, loan guarantee programs, collateral support programs, and capital access programs tailored to local market conditions.

The addition of these two states means 48 states and three territories have had their SSBCI programs approved. Texas has been approved for $472.0 million to operate a capital access program and loan guarantee program.

Under the law, business plans, trade secrets, and financial information submitted by applicants are generally considered confidential and are not subject to disclosure. The SSBCI guidelines detail at maximum annual management fee of 1.71%.

State Small Business Credit Initiative. The State Small Business Credit Initiative (SSBCI) was originally created through federal legislation – the Small Business Jobs Act of 2010.

+About SSBCI The State Small Business Credit Initiative (SSBCI) authorizes the U.S. Department of the Treasury (Treasury) to allocate federal funds to states, U.S. Territories, Washington, D.C., and Tribal Governments (Juridictions) to capitalize local small business support programs.

+About SSBCI The State Small Business Credit Initiative (SSBCI) authorizes the U.S. Department of the Treasury (Treasury) to allocate federal funds to states, U.S. Territories, Washington, D.C., and Tribal Governments (Juridictions) to capitalize local small business support programs.