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Louisiana SSBCI Collateral Support — Transportation and Logistics

Pledges cash collateral of up to $250,000 to help small Louisiana transportation and logistics businesses secure loans of up to $1 million from participating lenders.

About this program

Visit the program website for full details.

Eligibility

Small Louisiana transportation and logistics businesses that are creditworthy but lack sufficient collateral to qualify for a commercial loan.

Requirements

  • Must be a Louisiana-based small business
  • Must apply through a participating lender
  • Business must be for-profit