The NC Rural Center’s re-launched State Small Business Credit Initiative (SSBCI) Loan Participation Program can be the difference maker in meeting your loan goals. Transactions which your bank previously would have declined for lack of equity or LTV exception can now be back in play. This program purchases a participation in your transaction, subordinate to your debt, allowing a 95% LTV to become 75% or even less in certain circumstances. There is no cost to you or your borrower. You set the loan rate and the terms. The program runs on your documents and your underwriting processes, with minimal additional paperwork. Learn more about this program currently being deployed by 18 North Carolina banks by joining the NC Bankers’ Association webinar scheduled for 9/8.