Discover how the State Small Business Credit Initiative (SSBCI) can provide the support your business needs to thrive. This free webinar is perfect for USVI entrepreneurs and small business owners seeking funding solutions.
SSBCI, federally funded through the American Rescue Plan Act, provides guarantee support to participating lenders, other financial institutions, and bonding companies, to encourage lending to small businesses to enhance their prospects of accessing capital.
During this session, you will learn how the SSBCI program can help your business with:
- Loan Guarantees – Provides up to 80% guarantee support of the lender’s loan
- Collateral Support – Provides support of up to 50% (not to exceed $500,000) of the lender’s loan
- Loan Participation – Provides a maximum participation rate of up to 30% of the lender’s loan
- Payment, Surety & Performance Bonding – Provides up to 80% of the 10% collateral security of the performance bone requirement for small contractors
Date: Monday, December 9, 2024
Time: 10:00 AM – 12:00 PM
Location: Online via Zoom
Unlock the resources, funding, and technical support to grow your business. Don’t miss this opportunity to take your venture to the next level!
