cash collateral support Page Image Image Caption Page ContentThe Cash Collateral Support (CCS) program provides a cash deposit as additional collateral for a business loan when the business cannot meet the lender’s collateral requirements. The maximum loan size allowed is $10 million and the business borrower must have less than 750 employees. The program is capped at deposits of 25 percent of the loan amount or $250,000 (whichever is less). please note: Funding for Cash Collateral Support is subject to availability and loan eligibility. lender benefits Strengthens lender’s LTV Cash collateral deposits are held by the lender Most businesses and loan types are eligible ccs example collateral value margin lending capacity Equipment $323,000 65% $210,000 Cash Deposit $70,000 100% $70,000 Total $280,000 Manufacturer $280,000 line of credit approved by lender, secured by existing equipment Equipment was valued at $323,000 Bank limits were 65 percent LTV on used equipment A $70,000 cash deposit was provided through CCSlender resources CCS flyer Lender documents contact Contact CHFA Community Development to learn how we can partner with your organization.
