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NV
Nevada SSBCI Collateral Support Program
Nevada's SSBCI Collateral Support Program helps small businesses obtain lender financing when collateral is insufficient.
About this program
The Nevada SSBCI Collateral Support Program assists eligible small businesses that are otherwise able to secure lender financing but have a collateral shortfall. The program pledges cash collateral or other support to participating lenders to reduce risk and help close loans for eligible Nevada business purposes. It is intended to expand credit access while maintaining lender underwriting and SSBCI compliance requirements.
Eligibility
Nevada small businesses with an eligible lender-approved financing request that needs collateral support.
Requirements
- Business must operate in Nevada.
- Applicant must meet SSBCI small business eligibility requirements.
- Applicant must work with a participating lender.