State Small Business Credit Initiative

The State Small Business Credit Initiative (SSBCI) Technical Assistance Program, provided by the SBTDC, offers assistance to small businesses in North Carolina facing limited access to capital, guiding them through loan applications, business development, financial management, and strategic planning.

The program is part of a nationwide initiative funded by the U.S. Department of the Treasury and is administered in North Carolina by the NC Rural Center on behalf of the NC Department of Commerce.

If you are a small business owner looking to borrow money to grow but you don’t know where to start, how to talk to a lender, or how to prepare for a loan, then the SSBCI Technical Assistance Program can help.

We Help You With

Loan Application Assistance

Assistance with loan and grant applications up to $150,000
Guidance on preparing business plans, financial projections, and applications for SSBCI funding opportunities
Clarifying the impact of personal credit on small business loans

Financial Management

Training on budgeting, cash flow management, and financial planning
Tools to strengthen your financial operations and improve access to capital

Business Development and Strategy

Tailored one-on-one counseling on growth strategies and market expansion
Strategic advice for operational improvements and long-term business health

Workshops and Training Programs

Webinars and in-person workshops on funding options, risk management, and preparing for long-term growth
Networking opportunities to connect with other entrepreneurs, investors, and business experts

Who Can Benefit?

Small businesses across the state of North Carolina facing limited access to capital
Small businesses seeking loan or grant funding
Small businesses in rural communities, veteran-owned businesses, and others