§ 19470 Loan Guarantee Eligibility Criteria

• •The government makes rules for who can get a loan guarantee.
• •You must prove you can pay back the loan to qualify.
• •The rules help decide if you're responsible enough to get the loan.

You want to borrow money to start a small business.

The government checks if you can pay it back before guaranteeing your loan. If you can't show you have enough money or a plan, they won't approve it.