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State Small Business Initiative: California Needs to Improve Its Oversight of Programs Participating in the State Small Business Credit Initiative (en Inglés)
Office of the Inspector General Departme
(Autor)
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Createspace Independent Publishing Platform
· Tapa Blanda
State Small Business Initiative: California Needs to Improve Its Oversight of Programs Participating in the State Small Business Credit Initiative (en Inglés) - Office of the Inspector General Departme
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Reseña del libro "State Small Business Initiative: California Needs to Improve Its Oversight of Programs Participating in the State Small Business Credit Initiative (en Inglés)"
SSBCI is a $1.5 billion Treasury program that provides participating states, territories and eligible municipalities with funding to strengthen Capital Access Programs and other credit support programs that provide financial assistance to small businesses and manufacturers. Capital Access Programs provide portfolio insurance for business loans based on a separate loan loss reserve fund for each participating financial institution. Other credit support programs include collateral support, loan participation, loan guarantee, and venture capital programs. Each participating state is required to designate specific departments, agencies, or political subdivisions to implement the programs approved for funding.
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