§ 32351 Business Financing Eligibility Rules

• •The corporation can only help businesses with money if they meet certain rules.
• •The business must show they really need the money and can't easily get it from a bank first.
• •If a bank already said no to the business, the corporation might step in to help.

A small bakery wants money to buy a new oven but the bank says no to their loan.

The bakery can ask the corporation for help only if they tried the bank first and meet all the corporation's rules for getting money.