DIR's Supplier Diversity Information Resource Guide 20, Jan 2012 | Page 25

COPYRIGHT 2012, DIVERSITY INFORMATION RESOURCES, MINNEAPOLIS, MN
Finance, Investment and

Procurement Programs

Only collateral located in the United States, its territories and possessions is acceptable as collateral under
this program. The lender must take a first lien position (or first mortgage) on items financed under an international trade loan. Additional collateral may be required, including personal guarantees, subordinate liens,
or items that are not financed by the loan proceeds.
www.sba.gov/financing/loanprog/tradeloans.html
Defense Loan and Technical Assistance (DELTA) Program
SBA's Defense Economic Transition Assistance program is designed to help eligible small business contractors
to transition from defense to civilian markets.
A small business is eligible if it has been detrimentally impacted by the closure (or substantial reduction) of
a Department of Defense (DoD) installation, or the termination (or substantial reduction) of a Department of
Defense Program on which the small business was a prime contractor, subcontractor, or supplier at any tier. In
addition a business can be deemed eligible if it is located in community that has been detrimentally im.
on
ati
pacted by these same actions.
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The DELTA program provides financial and technical assistance to defense-dependent small businesses,ore in
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which have been adversely affected by defense reductions. The goal of the program is to assist these r busifo
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nesses to diversify into the commercial market while remaining part of the defense industrial ces.c Combase.
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plete information on eligibility and other rules is available from each SBA district office. es
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