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Kim-Vinson 
Kim Vinson
Business Development
 








Please select your industry:

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contact an iedc consultant

Mike Belschner 
Mike Belschner
Small Business Program Administrator
Indiana Small Business Development Center
 








Please select your industry:

consultant-icon

contact an iedc consultant

Kim-Vinson 
Kim Vinson
Business Development
 








Please select your industry:
Does your business experience barriers to growth?
Are you considering plans for expansion in the next two years?
Have you experienced challenges in attracting or retaining your current workforce?

 

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Capital Access
Capital Access Program (CAP)

Eligibility

To be eligible for the program:

  • Most types of loans to Indiana businesses qualify for CAP-SSBCI
  • Most Indiana Businesses with 500 or fewer employees qualify
  • Loans up to $5,000,000 may qualify
  • CAP-SSBCI may not be used in conjunction with any other federal credit enhancement tool on the same credit facility
  • Term loans and lines of credit are eligible credit facilities
  • CAP-SSBCI does not supersede an existing or previous CAP reserve fund

Lenders submit a simple enrollment form to the IEDC when they make the loan. The lender makes all decisions regarding the loan, including term, enrollment premium, interest rate and other conditions. Enrolled loans are subject to federal guidelines as required by Section 3005(e)(7) of the Act. Reporting requirements are minimal.

For more information about how your lending institution can join the Indiana Capital Access Program – State Small Business Credit Initiative contact:
 
Matt Tuohy
Program Manager
317.233.9138
mtuohy@iedc.in.gov.

Additional Materials