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Innovate Alabama Collateral Support Program
SSBCI cash collateral support helping Alabama small businesses qualify for loans.
About this program
The Innovate Alabama Collateral Support Program creates cash collateral accounts with participating lenders to enhance collateral coverage for eligible Alabama small business loans.
Eligibility
Eligible Alabama small businesses applying through participating lenders.
Requirements
- Apply through a participating lender
- Demonstrate collateral shortfall
- Meet SSBCI and program eligibility requirements