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HI
Hawaii State Small Business Credit Initiative Collateral Support Program
Hawaii's SSBCI Collateral Support Program helps small businesses qualify for loans by pledging cash collateral to participating lenders.
About this program
The Hawaii SSBCI Collateral Support Program helps eligible small businesses obtain loans by providing cash collateral support to participating lenders. The program is designed for creditworthy businesses that have a collateral shortfall but can otherwise repay the financing. Funds may support eligible business purposes such as working capital, equipment, inventory, expansion, and other growth needs.
Eligibility
Eligible Hawaii small businesses with a collateral shortfall may access support through participating lenders for qualifying business loans.
Requirements
- Business must be located in Hawaii.
- Applicant must be an eligible small business under SSBCI and Hawaii rules.
- Applicant must seek financing through a participating lender.