Indian Business Corporation Services

This grant offers essential financing terms to help indigenous businesses thrive by ensuring resources are allocated in a manner that supports financial sustainability and growth.

• A minimum owner equity contribution of 10%, with at least half required as cash equity, to support funding stability.
• Provision for the use of existing or purchased livestock as collateral, secured by branding with the IBC brand.
• Execution of loan collateral agreements free of liens to maintain secured interest in assets.
• Adherence to credit standards with a strong resolution of any past credit issues, ensuring a foundation for successful loan approval.

Eligibility for this grant is determined by specific requirements related to the venture's financial and technical standing.

• The venture must have a minimum owner equity of 10%, with at least half in cash equity.
• The venture must demonstrate technical and financial viability.
• All loan collateral must be free and clear of liens.
• Credit rating must be acceptable to IBC, with no outstanding judgments or collections.