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How should the Bank administer that portion of its portfolio secured by a guarantee provided by the SBFDC?

April 26, 2017Bank guarantee portfolio portion provided sbfdc secured

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How should the Bank administer that portion of its portfolio secured by a guarantee provided by the SBFDC?

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The bank should administer and monitor all loans with a State Guarantee in a manner consistent with those loans in its portfolio not secured by a State Guarantee, and consistent with a degree of care considered standard within the banking industry.