State Small Business Credit Initiative: Implementation and Funding Issues

Dilger, Robert Jay

Library of Congress. Congressional Research Service.

关键词: Small business;    Finance;    Loans;   

RP-ID  :  R42581
RP-ID  :  R42581_2014Oct16

美国|英语

来源: UNT Digital Library

【 摘 要 】

This report examines the State Small Business Credit Initiative (SSBCI) and its implementation, including Treasury's response to initial program audits conducted by the U.S. Government Accountability Office (GAO) and Treasury's Office of Inspector General (OIG). The SSBCI provides funding, allocated by formula and distributed in one-third increments, to states, territories, and eligible municipalities (hereinafter referred to as states) to expand existing or create new state small business investment programs, including state capital access programs, collateral support programs, loan participation programs, loan guarantee programs, and venture capital programs.