The State Small Business Credit Initiative (SSBCI)

The State Small Business Credit Initiative (SSBCI) PDF Author: Marcus Powell
Publisher: Nova Science Publishers
ISBN: 9781624174827
Category : Federal aid to small business
Languages : en
Pages : 0

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Book Description
The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy.

The State Small Business Credit Initiative (SSBCI)

The State Small Business Credit Initiative (SSBCI) PDF Author: Marcus Powell
Publisher: Nova Science Publishers
ISBN: 9781624174827
Category : Federal aid to small business
Languages : en
Pages : 0

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Book Description
The SSBCI provides funding to states, territories, and eligible municipalities to expand existing or to create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs. This book examines the SSBCI and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office and Treasury's Office of Inspector General. These audits suggested that SSBCI participants were generally complying with the statute's requirements, but that some compliance problems existed, in that, the Treasury's oversight of the program could be improved; and performance measures were needed to assess the program's efficacy.

Accessing Capital and Business Assistance

Accessing Capital and Business Assistance PDF Author: United States. Congress. Senate. Committee on Small Business and Entrepreneurship
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 112

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Book Description


Accessing Capital and Business Assistance

Accessing Capital and Business Assistance PDF Author: United States. Congress. Senate. Committee on Small Business and Entrepreneurship
Publisher:
ISBN:
Category : Political Science
Languages : en
Pages : 108

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Book Description


Subcommittee Hearing on Improving the SBA's Access to Capital Programs for Our Nation's Small Businesses

Subcommittee Hearing on Improving the SBA's Access to Capital Programs for Our Nation's Small Businesses PDF Author: United States. Congress. House. Committee on Small Business. Subcommittee on Finance and Tax
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 78

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Book Description


State Small Business Credit Initiative

State Small Business Credit Initiative PDF Author: Office of Office of the Inspector Department of the Treasury
Publisher: CreateSpace
ISBN: 9781505263923
Category :
Languages : en
Pages : 28

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Book Description
SSBCI is a $1.5 billion Treasury program that provides participating states, territories, and eligible municipalities with funds to strengthen Capital Access Programs and other credit support programs (OCSP) 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. OCSPs include collateral support, loan participation, loan guarantee, and venture capital programs.

Improving Capital Access Programs Within the SBA

Improving Capital Access Programs Within the SBA PDF Author: United States. Congress. House. Committee on Small Business. Subcommittee on Economic Growth, Capital Access, and Tax
Publisher:
ISBN:
Category : Capital
Languages : en
Pages : 56

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Book Description


Small Business

Small Business PDF Author: Angel Becker
Publisher: Nova Snova
ISBN: 9781536159691
Category : Small business
Languages : en
Pages : 0

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Book Description
Congressional interest in small business access to capital has increased in recent years because of concerns that small businesses might be prevented from accessing sufficient capital to enable them to start, continue, or expand operations and create jobs. Chapter 1 focuses on the Small Business Lending Fund (SBLF). It opens with a discussion of the supply and demand for small business loans then examines other arguments presented both for and against the program. Chapter 2 discusses how SBA monitors lenders' compliance with the credit elsewhere requirement, the extent to which SBA evaluates trends in lender credit elsewhere practices, and lenders' views on the credit elsewhere criteria for 7(a) loans. Chapter 3 examines the State Small Business Credit Initiative (SSBCI) and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office (GAO) and Treasury's Office of Inspector General (OIG). Chapter 4 discusses small business startups' experiences with the SBA's management and technical assistance training programs, focusing on Small Business Development Centers (SBDCs), Women Business Centers (WBCs), and SCORE (formerly the Service Corps of Retired Executives); the SBA's 7(a), 504/CDC, and Microloan lending programs; and the SBA's Small Business Investment Company (SBIC) venture capital program. Chapter 5 examines small business startups' experiences with the SBA's management and technical assistance training programs, focusing on Small Business Development Centers (SBDCs), Women Business Centers (WBCs), and SCORE (formerly the Service Corps of Retired Executives); the SBA's 7(a), 504/CDC, and Microloan lending programs; and the SBA's Small Business Investment Company (SBIC) venture capital program. Chapter 6 provides an overview of the federal government's various small business mentor-protégé programs.

How to Start a Business in California

How to Start a Business in California PDF Author: Entrepreneur Press
Publisher: Entrepreneur Press
ISBN: 9781599180687
Category : Business & Economics
Languages : en
Pages : 0

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Book Description
SmartStart Your Business Today! How to Start a Business in California is your road map to avoiding operational, legal and financial pitfalls and breaking through the bureaucratic red tape that often entangles new entrepreneurs. This all-in-one resource goes a step beyond other business how-to books to give you a jump-start on planning for your business. It provides you with: Valuable state-specific sample forms and letters on CD-ROM Mailing addresses, telephone numbers and websites for the federal, state, local and private agencies that will help get your business up and running State population statistics, income and consumption rates, major industry trends and overall business incentives to give you a better picture of doing business in California Checklists, sample forms and a complete sample business plan to assist you with numerous startup details State-specific information on issues like choosing a legal form, selecting a business name, obtaining licenses and permits, registering to pay taxes and knowing your employer responsibilities Federal and state options for financing your new venture Resources, cost information, statistics and regulations have all been updated. That, plus a new easier-to-use layout putting all the state-specific information in one block of chapters, make this your must-have guide to getting your business off the ground.

Access to Credit in "distressed" Communities

Access to Credit in Author: United States. Congress. House. Committee on Small Business. Subcommittee on Minority Enterprise, Finance, and Urban Development
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 376

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Book Description


State Small Business Credit Initiative

State Small Business Credit Initiative PDF Author: Office of Office of the Inspector Department of the Treasury
Publisher: CreateSpace
ISBN: 9781505267884
Category :
Languages : en
Pages : 34

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Book Description
SSBCI is a $1.5 billion Treasury program that provides participating states, territories, and eligible municipalities with funds 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, credit support, and venture capital programs.