Part 103 — Loan Guaranty, Insurance, and Interest Subsidy
Subpart A — General Provisions
- § 103.1— What does this part do?
- § 103.2— Who does the Program help?
- § 103.3— Who administers the Program?
- § 103.4— What kinds of loans will BIA guarantee or insure?
- § 103.5— What size loan will BIA guarantee or insure?
- § 103.6— To what extent will BIA guarantee or insure a loan?
- § 103.7— Must the borrower have equity in the business being financed?
- § 103.8— Is there any cost for a BIA guaranty or insurance coverage?
Subpart B — How a Lender Obtains a Loan Guaranty or Insurance Coverage
- § 103.9— Who applies to BIA under the Program?
- § 103.10— What lenders are eligible under the Program?
- § 103.11— How does BIA approve lenders for the Program?
- § 103.12— How does a lender apply for a loan guaranty?
- § 103.13— How does a lender apply for loan insurance coverage?
- § 103.14— Can BIA request additional information?
- § 103.15— Are there any prohibited loan terms?
- § 103.16— How does BIA approve or reject a loan guaranty or insurance application?
- § 103.17— Must the lender follow any special procedures to close the loan?
- § 103.18— How does BIA issue a loan guaranty or confirm loan insurance?
- § 103.19— When must the lender pay BIA the loan guaranty or insurance premium?
Subpart C — Interest Subsidy
- § 103.20— What is interest subsidy?
- § 103.21— Who applies for interest subsidy payments, and what is the application procedure?
- § 103.22— How does BIA determine the amount of interest subsidy?
- § 103.23— How does BIA make interest subsidy payments?
- § 103.24— How long will BIA make interest subsidy payments?
Subpart D — Provisions Relating to Borrowers
Subpart E — Loan Transfers
Subpart F — Loan Servicing Requirements
- § 103.30— What standard of care must a lender meet?
- § 103.31— What loan servicing requirements apply to BIA?
- § 103.32— What sort of loan documentation does BIA expect the lender to maintain?
- § 103.33— Are there reporting requirements?
- § 103.34— What if the lender and borrower decide to change the terms of the loan?
Subpart G — Default and Payment by BIA
- § 103.35— What must the lender do if the borrower defaults on the loan?
- § 103.36— What options and remedies does the lender have if the borrower defaults on the loan?
- § 103.37— What must the lender do to collect payment under its loan guaranty certificate or loan insurance coverage?
- § 103.38— Is there anything else for BIA or the lender to do after BIA makes payment?
- § 103.39— When will BIA refuse to pay all or part of a lender's claim?
- § 103.40— Will BIA make exceptions to its criteria for denying payment?
- § 103.41— What happens if a lender violates provisions of this part?
- § 103.42— How long must a lender comply with Program requirements?
- § 103.43— What must the lender do after repayment in full?