Indian Loan Guarantee and Insurance Program (ILGP)
ILGP Overview Through ILGP, the Division of Capital Investment (DCI) helps American Indian and Alaska Native (AI/AN) tribes and individuals get reasonable interest rates and overcome challenges to conventional financing,...
The “key facts” mode pulls structured fields directly from the official source posting (amount, deadline, eligibility tags). The AI mode adds a short plain-English narrative on top, generated from the same source. Always verify with the agency before applying.
AI-generated. Always verify with the official source.
Who can apply — at a glance
Eligible applicants:
see the Eligibility tab for the criteria from the official announcement.
Where:
Alabama, Alaska, Arizona, Arkansas, California, Colorado, Connecticut, Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Minnesota, Mississippi, Missouri, Montana, Nebraska, Nevada, New Hampshire, New Jersey, New Mexico, New York, North Carolina, North Dakota, Ohio, Oklahoma, Oregon, Pennsylvania, Rhode Island, South Carolina, South Dakota, Tennessee, Texas, Utah, Vermont, Virginia, Washington, West Virginia, Wisconsin, Wyoming, District of Columbia.
Award:
amount not specified by the source.
Matching funds:
not required.
Deadline type: Rolling.
Compiled from the official listing's structured fields — always verify with the funder before applying.
ILGP Overview Through ILGP, the Division of Capital Investment (DCI) helps American Indian and Alaska Native (AI/AN) tribes and individuals get reasonable interest rates and overcome challenges to conventional financing, while also reducing the risk to lenders with the financial support of the federal government. For over 50 years, the Indian Loan Guarantee and Insurance Program (ILGP), has helped to reduce the risk to lenders who offer loans to American Indian and Alaska Native (AI/AN) tribes and individuals through the financial support of the federal government. Our Division of Capital Investment (DCI) manages the program and can provide up to a 90% guarantee or insurance for loans. The loans provided by ILGP are not offered through the Small Business Administration (SBA). For information about SBA-guaranteed loans, please visit the SBA website . For Borrowers Most lending institutions, including Community Development Financial Institutions, may obtain a guarantee or insurance, provided they regularly make and evaluate business loans. Credit unions are generally not eligible to become ILGP approved lenders. Non-bank lenders (such as insurance companies, leasing agencies, and private wealth funds) that otherwise meet ILGP’s standards are eligible to access guarantees, but not insurance since they are not financial institutions. Lenders must sign a Loan Guarantee Agreement or a Loan Insurance Agreement with ILGP before they can participate: Form LIA10, Loan Insurance Agreement (4.5 MB) Loans may be used for a variety of purposes including: Operating capital Equipment purchases Acquisition and refinancing Building construction and lines of credit A lender must ensure that a business entity is qualified and only apply for a loan guarantee or obtain loan insurance when it would not otherwise approve the borrower’s loan application. If the loan will be used for demolition work, there are additional requirements. All required information can be provided using the lender’s own forms, along with a commitment letter from the lender to the borrower that states the loan amount, purpose of the loan, the interest rate, the schedule of payments, the security, and the terms and conditions of the loan. Lending Limitations The following types of businesses are ineligible for ILGP loans: Casinos Smoke shops Vape shops Businesses whose substantial purpose is to sell tobacco or vaping products distilleries making products with over 20% alcohol by volume Brothels or other businesses involving prostitution DCI will provide no more than a 90% guarantee or insurance for loans. The maximum loan amount guaranteed for individuals is $500,000, but we’re able to guarantee loans of greater amounts for tribes, tribal enterprises, or business entities, subject to program and policy limitations. Loan insurance, primarily for loans of $250,000 or less, is at the discretion of the lender. If a lender believes loan insurance is justified to offer the best lending terms, it can simply make the insured loan and submit to DCI the Notice of Insured Loan Form afterward. Form NIL10, Notice of Insured Loan (4.48 MB) Interest Subsidy ILGP also offers interest subsidy payments for certain loans, which is a discretionary payment made to a lender for the benefit of a borrower whose projected or historical earnings are below the industry norm. A lender may request interest subsidy as part of a loan guarantee request. To see the latest Indian Financing Act rate, visit TreasuryDirect's Monthly Interest Rate Certification page click on the link for the current month and view table 6 for "Other Specific Legislation." Lenders whose interest subsidy request has been approved must submit an Interest Subsidy Report to DCI on a quarterly basis. Form ISR10, Interest Subsidy Report (1.45 MB) Loan Default Process
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Who can apply
tment of the Interior Indian Affairs Menu About Us Assistant Secretary - Indian Affairs Bureau of Indian Affairs Bureau of Indian Education Bureau of Trust Funds Administration White House Council on Native American Affairs Leadership News Programs and Services Policy and Forms IA Directives System Manual Regional Directives Memoranda Handbooks Assistant Secretary's Orders Online Forms Regional Offices Consultations About Tribal Consultations Schedule Current Rulemakings Resources Jobs search Related Topics Loans Provided By Office of Indian Economic Development Indian Loan Guarantee and Insurance Program (ILGP) Since 1974, we’ve supported over $2 billion in loans. .bgimg-1 { background-image: ur
Geographic eligibility
Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming
District of Columbia
How to apply
We don't have application instructions on file yet — head straight to the official source.
Read the agency's eligibility checklist before you start — it's almost always shorter than the full NOFO and will tell you in 90 seconds whether to keep going.
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