CDFA SSBCI Update - May 26, 2015
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| Features |
DEED Initiative Helping Small Businesses Expand
In this article by the Hutchinson Leader, the success of the SSBCI program in Minnesota is described, including leveraging over $130 million in private capital.
SSBCI Coalition Call - June 5
Join the next SSBCI Coalition call at 614-686-7333 on Friday, June 5 at 2p EDT. Contact Kevin White with any questions.
VA Small Business Financing Authority Receives $6.1M
According to the Augusta Free Press, the Virginia Small Business Financing Authority has received its third tranche of SSBCI funds.
CDA Localizes SSBCI Underwriting
As reported by the Marianas Variety, the Northern Marianas Commonwealth Development Authority no longer has a third-party underwriter to review loans supported by the SSBCI program.
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| Upcoming Events |
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| SSBCI Headlines |
Associated Material Processing Inks $400K
PE Hub | May. 26 | Access to Capital | Federal | Innovation Finance | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury
CDA to Hold Collateral Funds in CityTrust Bank
Marianas Variety | May. 26 | Access to Capital | Federal | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury
Remarks by the Comptroller of the Currency on SSBCI
OCC | May. 26 | Access to Capital | Federal | State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury
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| New Additions to the Online Resource Database |
SSBCI American Somoa Audit Report
Access to Capital | State Finance Program | State Small Business Credit Initiative (SSBCI)
In this Office of Inspector General report, American Samoa's SSBCI programs are audited.
SSBCI South Carolina Audit Report
Access to Capital | State Finance Program | State Small Business Credit Initiative (SSBCI)
In this Office of Inspector General report, South Carolina's SSBCI programs are audited. The audit finds that South Carolina obligated approximately $16.4 million as of June, 30, 2013.
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The Council of Development Finance Agencies is a national association dedicated to the advancement of development finance concerns and interests. CDFA is comprised of the nation's leading and most knowledgeable members of the development finance community representing public, private and non-profit entities alike. For more information visit CDFA.net or email info@cdfa.net
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Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net
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