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OMB No 3245-0332 Exp* Date 09/30/2005 NEW MARKETS VENTURE CAPITAL PROGRAM INVESTMENT DIVISION U* S* SMALL BUSINESS ADMINISTRATION 409 Third Street S*W* Washington DC 20416 Tel 202 205-6510 INSTRUCTIONS FOR NMVC DEBENTURE DRAW APPLICATION These instructions provide the information necessary for a New Markets Venture Capital Company NMVCC you or your to request a draw against SBA s commitment to guarantee Debenture Leverage. You must complete all steps by specific time deadlines in order for...
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How to fill out nmvc debenture draw application
How to fill out NMVC Debenture Draw Application
01
Gather all required information and documentation.
02
Fill out the applicant's details, including name, contact information, and business details.
03
Specify the debenture amount being requested in the application.
04
Provide a detailed explanation of the purpose of the funds.
05
Attach any relevant financial statements or supporting documents.
06
Review the application for accuracy and completeness before submission.
07
Submit the application to the appropriate NMVC authority.
Who needs NMVC Debenture Draw Application?
01
Small business owners seeking funding for growth.
02
Entrepreneurs looking for financial support for new ventures.
03
Companies wanting to access debenture financing through NMVC programs.
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What is NMVC Debenture Draw Application?
The NMVC Debenture Draw Application is a formal request submitted by eligible businesses to access funds through the New Markets Venture Capital (NMVC) program, which is designed to support small businesses in underserved areas.
Who is required to file NMVC Debenture Draw Application?
Eligible small businesses that have been approved for financing under the NMVC program are required to file the NMVC Debenture Draw Application to receive the funds.
How to fill out NMVC Debenture Draw Application?
To fill out the NMVC Debenture Draw Application, businesses must provide accurate financial and operational information, including details about the intended use of the funds, current financial statements, and any required documentation as specified by the NMVC program guidelines.
What is the purpose of NMVC Debenture Draw Application?
The purpose of the NMVC Debenture Draw Application is to facilitate access to capital for small businesses operating in low-income areas, enabling them to grow and create jobs.
What information must be reported on NMVC Debenture Draw Application?
The NMVC Debenture Draw Application must report details such as the business's financial status, the amount of debenture being requested, a description of how the funds will be used, and compliance with the NMVC program requirements.
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