Loan Guarantee Program

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Rather than directly lend money, the CEDO operating a Loan Guarantee Program recommends that a bank or a credit union make a loan, and guarantees repayment by making a deposit with the lender. In this way the CEDO makes business credit accessible without actually making and administering the loans. (One of over 60 entries in the compendium Tools & Techniques for Community Recovery & Renewal.)

Author: 
Perry, Stewart E.
Pages: 
3
Publication Date: 
2000
Stock #: 
P203AFG08
Language: