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Iowa Small Business Collateral Support Program
Collateral support to help Iowa small businesses qualify for lender financing.
About this program
The Iowa Small Business Collateral Support Program helps eligible small businesses obtain financing by providing collateral support to participating lenders when collateral shortfalls would otherwise limit lending.
Eligibility
Eligible Iowa small businesses, including Iowa City firms, applying for financing through participating lenders.
Requirements
- Apply for a loan through a participating lender
- Meet small business, Iowa location, use-of-funds, and underwriting requirements
- Provide business, financial, collateral, and project documentation