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CDFA SSBCI Update - September 22, 2015

SSBCI Update
September 22, 2015
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CDFA SSBCI Update

Features

Participating Lender Guide: District of Columbia Collateral Support Program
The Government of the District of Columbia has provided a guide intended to assist participating lenders in understanding the federal and District's compliance requirements of the SSBCI program.

Fifth Third Bank is Nation's Top SSBCI Lender
As reported in Business Wire, the Treasury's SSBCI 2014 Annual Report revealed that Fifth Third Bank is the largest lender by dollar amount since the program's inception. The report shows that Fifth Third Bank has issued 82 SSBCI loans totaling more than $98,539,366 since 2011, for an average of $1.2 million per loan.

SSBCI Coalition Call -- October 21 @ 2pm EDT
The next call of the SSBCI Coalition will occur on Wednesday, October 21 at 2pm EDT. The dial-in number is 614-686-7333. The Coalition will discuss the status of reauthorization and appropriations for the program.

Upcoming Events
CDFA National Development Finance Summit
SSBCI Headlines

CDA: Over $2M in Federal Loans OK'd
Marianas Variety | Sep. 21 | Access to Capital | State Small Business Credit Initiative (SSBCI)

Understanding Government-Backed Loans
BizTimes | Sep. 8 | Access to Capital | Rural Development | U.S. Small Business Administration (SBA)

New Financing Option for Small to Mid-sized Businesses
Benson News | Sep. 2 | Access to Capital

WEDC Helps Support Women Entrepreneurs
Post Crescent | Sep. 2 | Access to Capital

Feds Give Ohio over $18M for Small Businesses
Columbus Dispatch | Sep. 1 | Access to Capital | State Small Business Credit Initiative (SSBCI)


New Additions to the Online Resource Database

District of Columbia Loan Enrollment Procedures
State Small Business Credit Initiative (SSBCI) | U.S. Dept. of Treasury
Procedures regarding the Collateral Support Program as administered by the Government of the District of Columbia are provided to assist lenders and borrowers throughout the program's enrollment period.


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


Council of Development Finance Agencies
100 E. Broad Street, Suite 1200
Columbus, OH 43215
(614) 705-1300
info@cdfa.net


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