Community Developments Investments (February 2013)
Share This Page:
Strategies for Leveraging the State Small Business Credit Initiative
A Look Inside ...
States are finding creative ways to implement the State Small Business Credit Initiative, a federal program designed to increase the amount of credit available for small business.
States are finding creative ways to implement the State Small Business Credit Initiative, a federal program designed to increase the amount of credit available for small business.
Overview: The State Small Business Credit Initiative
A look at some of the most popular programs for getting SSBCI funds to banks to support lending.
A look at some of the most popular programs for getting SSBCI funds to banks to support lending.
Case Study: How Idaho Put the SSBCI to Work
Idaho worked with lending institutions and benchmarked other successful state programs to design their SSBCI program. Participating lenders report that SSBCI funds help them meet the needs of creditworthy customers and contribute to the growth of the state's economy.
Idaho worked with lending institutions and benchmarked other successful state programs to design their SSBCI program. Participating lenders report that SSBCI funds help them meet the needs of creditworthy customers and contribute to the growth of the state's economy.
Case Study: Collateral Support Program Helps Idaho Create Jobs
The initiative allowed an established manufacturer to get a loan to expand, even though its collateral had declined in value and fell short of traditional underwriting standards.
The initiative allowed an established manufacturer to get a loan to expand, even though its collateral had declined in value and fell short of traditional underwriting standards.
Case Study: Loan Participation Program Aids Georgia Veterinarian
In Georgia, a rural veterinary business with good cash flow and a prominent place in the community was able to keep its doors open with SSBCI help after being turned down for a loan renewal.
In Georgia, a rural veterinary business with good cash flow and a prominent place in the community was able to keep its doors open with SSBCI help after being turned down for a loan renewal.
Resources
A list of useful links to help banks and borrowers find out about the options available to them.
A list of useful links to help banks and borrowers find out about the options available to them.
This publication is part of:
Collection: Community Developments Investments
Deputy Comptroller
Barry Wides
Editorial Staff
Ted Wartell
Bill Reeves
David Black
Dan Gibbard
Design Staff
Rick Shacklette
Cheryle Robison
For questions or comments, call (202) 649-6420 or email communityaffairs@occ.treas.gov. This and previous editions are available on the OCC's website at www.occ.gov.
Disclaimer
Articles by non-OCC authors represent the authors' own views and not necessarily the views of the OCC.