Information for Lenders

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NICF can be part of your bank's strategy to reach and support local small businesses. We structure bank partnerships that include:

• Co-lending with your bank - NCIF can fund a portion of total project costs, taking a subordinate collateral position. Co-lending allows the bank to say "yes" to a loan for valued clients when collateral or equity is not quite sufficient to meet bank underwriting standards.

• Referring loans to NCIF - We may be able to lend money to your client whose commercial project is not bankable. A referral to MCDC keeps the bank relationship intact, while supporting your client's small business efforts.

• Structuring growth financing with NCIF - NCIF functions like equity for fast-growing companies. We work closely with the bank to structure new equity funds to compliment and support the company's traditional financing.

• Extensive business development services - We have many resources partners that can help your clients complete a business plan, explore business feasibility, or create financial projections needed for a loan package. NCIF also will contract with outside experts if needed.