Georgia Department of Community Affairs _______________________________. Coweta County Development Authority & City of Newnan Business Development Office July 25, 2012. History & Background of State Small Business Credit Initiative (SSBCI) . Component of Small Business Jobs Act,
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Georgia Department of Community Affairs_______________________________
Coweta County Development Authority & City of Newnan Business Development Office
July 25, 2012
bi-partisan legislation signed into law on Sep. 27, 2010
(Risk reserve pool funded with borrower/lender fees matched with SSBCI funds)
(50% loan guarantee with a conversion option into a risk reserve pool offering up to 80% reimbursement)
(Loan participation program specifically designed for underserved SBs)
GCAP CASE SAMPLE – Bldg Expansion & Inventory for Small Business
target loan amounts of $100,000 to $250,000.
General Forms Applicable to All GA SSBCI Lenders