Transaction Description:
AWARDTYPE: GUARANTEED/INSURED LOANS ACTIVITIES TO BE PERFORMED: ASSIST SMALL BUSINESS CONCERNS BY REFINANCING COMMERCIAL LOANS TO PROVIDE LONG-TERM, FIXED-RATE FINANCING FOR FIXED ASSETS THROUGH THE SALE OF DEBENTURES TO PRIVATE INVESTORS. DELIVERABLES: LOANS EXPECTED OUTCOMES: LOCK IN BELOW MARKET RATES ON DEBT. ELIMINATE BALLOON PAYMENTS. HIRE MORE STAFF. FINANCE BUSINESS EXPENSE. OPEN UP WORKING CAPITAL. INTENDED BENEFICIARIES: SMALL BUSINESS SUBRECIPIENT ACTIVITIES: NA