Small Business Capital Initiative Loan Loss Fund
Part of Inclusiv’s Small Business Capital Initiative, the Loan Loss Fund is designed to help our member credit unions manage risk associated with small business lending and incentivize small business loan participations. Participants in the Loan Loss Fund:
- Can receive up to 20% loan loss guarantee on the charged off balance of the enrolled loan.
- Must sign the Loan Loss Guarantee Agreement with Inclusiv and provide documentation showing efforts made to collect.
- Is dependent on borrower eligibility.
- Can complement existing SBA guarantees.
Schedule a meeting with our Lending team to learn more about the Loan Loss Fund and how it can benefit your credit union.
The Loan Loss Fund is possible thanks to support from Mastercard's Center for Inclusive Growth.