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Louisiana SSBCI Collateral Support — Restaurants
Pledges cash collateral of up to $250,000 to help small Louisiana restaurant businesses secure loans of up to $1 million from participating lenders.
About this program
Visit the program website for full details.
Eligibility
Small Louisiana restaurant 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