Federal Loan Guarantee Program FAQ

Q. What is Valley Small Business Development Corporation?
Q. What is the difference between the state loan guarantee program and your direct financing programs?
Q. What is a Financial Development Corporation?
Q. What are the geographical regions served by the state loan guarantee program?
Q. What is the maximum loan to value that a lender will loan on real estate loans?
Q. Isn’t it hard to get a loan guarantee?
Q. What are the interest rates for the loan guarantee program?
Q. Can I get a State Loan Guarantee if i have no down payment and no collateral to offer in support of the loan?
Q. Who holds the collateral for the loan guarantee – the lender or the FDC?
Q. What is the difference between SBA and the State Loan Guarantee Program?
Q. What if my lender will not participate in the state loan guarantee program?