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Ssbci Capital Access Program Borrower's Certification - Virginia
Ssbci Capital Access Program Borrower's Certification is a legal document that was released by the Virginia Department of Small Business and Supplier Diversity - a government authority operating within Virginia.
FAQ
Q: What is the SSBIC Capital Access Program?
A: The SSBIC Capital Access Program is a program in Virginia that provides access to capital for small businesses.
Q: Who is eligible for the SSBIC Capital Access Program?
A: Small businesses located in Virginia are eligible for the SSBIC Capital Access Program.
Q: What can the capital be used for?
A: The capital provided by the SSBIC Capital Access Program can be used for various business purposes, such as expanding operations, purchasing equipment, or hiring employees.
Q: How can I apply for the SSBIC Capital Access Program?
A: To apply for the SSBIC Capital Access Program, you need to contact the Virginia Small Business Financing Authority (VSBFA) and complete the application process.
Q: Are there any fees or costs associated with the program?
A: Yes, there are fees associated with the SSBIC Capital Access Program. These fees include an application fee and an annual commitment fee.
Q: How much capital can I access through this program?
A: The amount of capital a small business can access through the SSBIC Capital Access Program varies and is determined on a case-by-case basis.
Q: Is there any collateral required?
A: Yes, collateral is typically required for loans provided through the SSBIC Capital Access Program.
Q: Are there any specific requirements for loan repayment?
A: Yes, there are specific requirements for loan repayment, such as making timely payments and fulfilling any other conditions set by the lender.
Q: Can I use the capital to refinance existing debt?
A: Yes, the capital provided by the SSBIC Capital Access Program can be used to refinance existing debt under certain circumstances.
Q: Is there a maximum loan term?
A: Yes, there is a maximum loan term for loans provided through the SSBIC Capital Access Program, which is typically 10 years.
Form Details:
- Released on March 7, 2019;
- The latest edition currently provided by the Virginia Department of Small Business and Supplier Diversity;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a printable version of the form by clicking the link below or browse more documents and templates provided by the Virginia Department of Small Business and Supplier Diversity.
Download Ssbci Capital Access Program Borrower's Certification - Virginia
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