USBCI CAPPrescreen Checklist
If the answer is yes to every question below, this loan may be a good fit for USBCI CAP.
1. Is the borrower a small business or nonprofit with under 500 employees? Yes No
2. Will the loan be used for working capital or another USBCI-eligible loan use? (See “USBCI Borrower Use of Proceeds and Conflict of Interest Certification”) Yes No
3. Is the business registered in Utah or “operating in Utah” according to the Divisions of Corporations and Commercial Code? (To check: https://secure.utah.gov/bes/index.html) Yes No
4. Does the loan fund a project physically located in Utah? Yes No
5. Will the borrower’s interest rate be under the NCUAinterest rate ceiling? Yes No
6. Is the date of the borrower’s first disbursement after the lender’s enrollment in the USBCI CAP? Yes No
7. Is the total project funding amount under $5 million? Yes No