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Louisiana SSBCI Collateral Support Program - Shreveport
State collateral support helping Louisiana small businesses access lender financing when collateral is short.
About this program
The Louisiana SSBCI Collateral Support Program helps small businesses obtain financing by pledging cash collateral to participating lenders when an otherwise creditworthy business has a collateral shortfall. Shreveport small businesses may use the program through participating lenders for eligible business loans.
Eligibility
Louisiana small businesses working with participating lenders on eligible business financing and meeting SSBCI criteria.
Requirements
- Apply through a participating lender or SSBCI program channel
- Demonstrate collateral shortfall on eligible business financing
- Provide business, ownership, financial, and use-of-funds documentation