Tag: loan loss reserve
Student Corner: Small Business Access to Capital (Part III): Loan-Loss Reserve Fund
May 23, 2013
This is the third in a series of blog posts on tools available to local governments to assist small businesses. Previous posts have covered revolving loan funds (parts I and II). A second option is a loan-loss reserve fund. What is a loan-loss reserve fund? A loan-loss reserve fund (LLRF) involves a … Read more