Guam Borrowers Certification of Inventory
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How to fill out Borrowers Certification Of Inventory?
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FAQ
The borrower authorization form is a standard form that is signed by a loan applicant authorizing the lender to verify his/her information from a third party.
The SSBCI guidelines detail at maximum annual management fee of 1.71%. Meanwhile: The industry standard in venture capital is for the fund to charge a 2% management fee and 20% carried interest (or profit split).
Borrower Certification means, with respect to any request for a Loan, a certification of the Borrower stating that (i) no Default or Event of Default will occur or be continuing after giving effect to such Loan, and (ii) the proceeds of such Loan will be used solely for Permitted Uses.
How can SSBCI funds be used? SSBCI funds will be used to support small business financing programs and provide technical assistance to small businesses applying for SSBCI and other government programs.
Eligibility for SSBCI must be determined based on identifying the enrollee as a chronically ill enrollee, using the statutory definition, and if the item or service has a reasonable expectation of improving or maintaining the health or overall function of the enrollee.
