Financial Tools
(download flyer)The WSCN Collateral Support Program provides guarantees to local banks to make qualifying loans to small companies. A typical loan will be for working capital up to $1 million. When extending a guarantee, WSCN will purchase a Certificate of Deposit at the participating bank as additional collateral. An origination fee of 1-2% is applied to the total amount of the loan being supported. Fees are then returned back to the program and help offset program costs and thereby extending the life of the program.
Wyoming Smart Capital Fund will support local business development by investing in Wyoming-based early stage and growing companies with exciting ideas and high growth potential.
If you are an entrepreneur looking for funding or an angel looking to make investments, please contact Mark Huston at .