StacksVerified U.S. regulatory reference

25 CFR §103.4

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
In general, BIA may guarantee or insure any loan made by an eligible lender to an eligible borrower to conduct a lawful business organized for profit. There are several important exceptions:
  1. (a)The business must contribute to the economy of an Indian reservation or tribal service area recognized by BIA;
  2. (b)The borrower may not use the loan for relending purposes;
  3. (c)If any portion of the loan is used to refinance an existing loan, the borrower must be current on the existing loan; and
  4. (d)BIA may not guarantee or insure a loan if it believes the lender would be willing to extend the requested financing without a BIA guaranty or insurance coverage.