§103.2. Who does the Program help?
25 C.F.R. § 103.2
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.
Notes, amendments, and revision history
Authority
Authority: 25 U.S.C. 1498, 1511.
Source
Source: 66 FR 3867, Jan. 17, 2001, unless otherwise noted.