FloridaCommerce SSBCI Collateral Support Program
The Collateral Support Program is a credit enhancement initiative under the Florida State Small Business Credit Initiative (SSBCI). It uses public funds as a cash deposit to provide collateral support for a business loan or credit facility originated by a private lender, enabling financing for Florida-based small businesses that have a collateral shortfall but sufficient cash flow for loan repayment. Offered by FloridaCommerce.
Key Facts
- Funder
- FloridaCommerce
- Award amount
- Not specified by funder
- Deadline
- Rolling / not specified
- Geography
- Florida
- Categories
- Social Services
- Status
- Open
About This Grant
The Collateral Support Program is a credit enhancement initiative under the Florida State Small Business Credit Initiative (SSBCI). It uses public funds as a cash deposit to provide collateral support for a business loan or credit facility originated by a private lender, enabling financing for Florida-based small businesses that have a collateral shortfall but sufficient cash flow for loan repayment.
Full requirements and application instructions: official listing.
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