Code of Federal Regulations (Last Updated: November 8, 2024) |
Title 25 - Indians |
Chapter I - Bureau of Indian Affairs, Department of the Interior |
SubChapter G - Financial Activities |
Part 103 - Loan Guaranty, Insurance, and Interest Subsidy |
Subpart A - General Provisions |
§ 103.2 - Who does the Program help?
Latest version.
-
§ 103.2 Who does the Program help?
The purpose of the Program is to encourage eligible borrowers to develop viable Indian businesses through conventional lender financing. The direct function of the Program is to help lenders reduce excessive risks on loans they make. That function in turn helps borrowers secure conventional financing that might otherwise be unavailable.