State of Connecticut Department of Banking

Small-owned Businesses: Join us for a “Meet the Bankers” event on Wednesday, May 8th at 5:30 p.m. at CT Community College Housatonic in Bridgeport. Click here for more information. Pequeñas empresas: Participe con nosotros en el evento “Conozca a los Banqueros” el miércoles 8 de mayo a las 5:30 p.m. en CT Community College Housatonic en Bridgeport. Presione aquí para más información.

Business And Industrial Development Corporations

Persons engaged in the business of a business and industrial development corporation as a participating lender under the loan guarantee programs of the federal Small Business Administration in Connecticut must be licensed by the Banking Commissioner. Any person licensed by the Small Business Administration as a small business investment company or a small business lending company; banks or credit unions; and any person not approved or not seeking approval by the Small Business Administration as a participating lender under one or more of its loan guarantee programs is exempt from the provisions of the Connecticut Business and Industrial Development Corporation Act.

Contact key personnel from the Financial Institutions Division for questions concerning business and industrial development corporations.