South Carolina Capital Access Program : Review of Program's 2007 activity
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MIME type:application/pdfFile Size:1.228Mb
Author
South Carolina Department of Commerce
Description
The South Carolina Capital Access Program is designed to give financial institutions operating in South Carolina a flexible and non-bureaucratic tool to make business loans that are more risky than conventional loans and that do not meet conventional underwriting standards In this report, the Department of Commerce provides an overview of the South Carolina Capital Access Program and its results within the first year. Initial figures look positive with the program assisting 49 small businesses with private financing from South Carolina lenders totaling over $2.3 million. The program provided $108,387 into lending reserves which impacted 290 South Carolina workers. A total of $21.83 in private lending occurred for every $1 leveraged from the state program.Collections
Date
2008-03-18Metadata
Show full item recordDate Accessioned | 2014-06-10T21:34:38Z |
Date Available | 2014-06-10T21:34:38Z |
dc.date.created | 2014-06-09 |
dc.description | The South Carolina Capital Access Program is designed to give financial institutions operating in South Carolina a flexible and non-bureaucratic tool to make business loans that are more risky than conventional loans and that do not meet conventional underwriting standards In this report, the Department of Commerce provides an overview of the South Carolina Capital Access Program and its results within the first year. Initial figures look positive with the program assisting 49 small businesses with private financing from South Carolina lenders totaling over $2.3 million. The program provided $108,387 into lending reserves which impacted 290 South Carolina workers. A total of $21.83 in private lending occurred for every $1 leveraged from the state program. |
Item Format | application/pdf |
Media Type | Document |
Item Language | English |
Publisher | South Carolina State Library |
Digital Collection | South Carolina State Documents Depository |
Rights | Copyright status undetermined. For more information contact, South Carolina State Library, 1500 Senate Street, Columbia, South Carolina 29201. |
Type | Text |
Digitization Specifications | This South Carolina State Document was either saved from a document available publicly online in PDF format or converted to PDF using Adobe Acrobat X Professional. |