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LA
Louisiana SSBCI Collateral Support — Nonprofit Organizations
Pledges cash collateral of up to $250,000 to help Louisiana nonprofit organizations secure loans of up to $1 million from participating lenders.
About this program
Visit the program website for full details.
Eligibility
Louisiana-based nonprofit organizations that are creditworthy but lack sufficient collateral to qualify for a commercial loan.
Requirements
- Must be a Louisiana-based organization
- Must apply through a participating lender
- Must demonstrate ability to repay the loan