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View our products provided by the MSBDFA & MCBIF Programs
LINES OF CREDIT TERM LOANS SURETY BOND EQUITY INVESTING
Types of Financial Assistance Loan guaranty.
Equity guaranty.
Direct loan.
Guaranty of up to 80% of P&I on long-term loans.
Direct Loan.
Guaranty of surety bonds.
Direct issuance of surety bonds. Establishment of surety bonding lines.
Loan.
Investment.
Guaranty of investment.
Amounts Available Maximum payable under loan guaranty not to exceed $2,000,000.
Up to $2,000,000 direct loan.
Loan amount not less than $5,000.
Maximum payable under loan guaranty not to exceed $2,000,000.
Guaranty up to lesser of 90% or $2,250,000 of surety losses.
Direct bonds not more than $2,500,000 each.
Not to exceed $2,000,000.
Eligible Uses Working capital and equipment. Working capital.
Refinancing debt.
Machinery & Equipment.
Improvements to real property leased or owned.
Acquisition of real property used in business.
Bid, payment & performance bonds related to contracts funded by government agencies, public utilities, or private entities. Working capital; purchase of inventory, equipment, or real property; construction/renovation; leasehold improvements.