Description of the Intermediary Lending Pilot program.

13 C.F.R. § 109.10
in effectEffective: 2024-07-01
Sign in to generate a plain English summaryAsk Belisarius Agent
The Small Business Intermediary Lending Pilot program (ILP program) provides direct loans to ILP Intermediaries to make loans of up to $200,000 to startup, newly established, or growing small businesses. ILP Intermediaries continue to relend a portion of the payments received on small business loans made under the program until they have fully repaid their loans to SBA.

Starting a business? Corpus forms LLCs in all 50 states and DC.