Delaware State Small Business Credit Initiative helps small businesses obtain access to private capital with below‐market rate loans
The SSBCI loan participation program is funded by a $12.1 million commitment from the U.S. Treasury. Delaware expects to generate at least $10 in new private lending for every $1 in federal funding, supporting up to $121 million in new private lending in the state.
Check out the SSBCI website for more details and check out this DEDO press release for a success story: New Program Helps Businesses Invest, Expand and Create Jobs
- The Delaware Business Weekly Round Up – March 30, 2012
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