State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 1

Please use pages 2 through 8 to describe the OCSP management team, operational 

capacity, and internal accounting and administrative controls systems including the 

following: 

1. SECTION 1: A description of the OCSP’s operational capacity, skills, and 

experience of the OCSP program management team. For example, address whether 

the OCSP has adequate organizational resources, infrastructure, systems, and 

standard operating policies and procedures to administer the OCSP.

Please provide your narrative on pages 2-3. 

Refer to the SSBCI Capital Program Policy Guidelines, Section VIII. Approving State 

OCSPs, subsection g. Additional Considerations for Approving OCSPs – OCSP 

Experience and Capacity – 12 U.S.C. § 5705(d)(2).

2. SECTION 2: A description of the ability of the OCSP to manage increases in the 

volume of its small business lending or investing. For example, describe the OCSP 

organizational infrastructure, resources, and the management team’s skills and 

experience to handle increases in small business lending or investing. Please provide 

your narrative on page 4-5.

Refer to the SSBCI Capital Program Policy Guidelines, Section VIII. Approving State 

OCSPs, subsection g. Additional Considerations for Approving OCSPs – OCSP Capacity 

to Manage Increases – 12 U.S.C. § 5705(d)(3).

3. SECTION 3: A description of the internal accounting and administrative controls 

systems of the OCSP and the extent to which such systems can provide reasonable 

assurance that the SSBCI funds will be safeguarded against waste, loss, 

unauthorized use, and misappropriation. For example, provide evidence of one or 

more of the following: 

a. periodic internal audits

b. annual independent audits (including management letters)

c. program financial statements current within the past year

d. adequate accounting and financial management systems 

Please provide your narrative on pages 6-7. 

Refer to the SSBCI Capital Program Policy Guidelines, Section VIII. Approving State 

OCSPs, subsection g. Additional Considerations for Approving OCSPs – OCSP 

Accounting and Administrative Controls – 12 U.S.C. § 5705(d)(4).

4. SECTION 4: A description of the soundness of the OCSP’s program design and 

implementation plan. For example, address whether research and market surveys 

have been conducted to determine program demand; whether successful programs 

that have operated before have been modified to meet SSBCI requirements; and 

whether the OCSP incorporates industry best practices. Please provide your narrative 

on page 8.

Refer to the SSBCI Capital Program Policy Guidelines, Section VIII. Approving State 

OCSPs, subsection g. Additional Considerations for Approving OCSPs – OCSP Program 

Design and Implementation Plan – 12 U.S.C. § 5705(d)(5).
State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 2

SECTION 1: A description of the OCSP’s operational capacity, skills, and experience of the 

OCSP program management team.
State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 3

SECTION 1 (continued):
State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 4

SECTION 2: A description of the capacity of the OCSP to manage increases in the volume of 

its small business lending or investing. 
State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 5

SECTION 2 (continued):
State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 6

SECTION 3: A description of the internal accounting and administrative controls systems of the 

OCSP and the extent to which such systems can provide reasonable assurance that the SSBCI 

funds will be safeguarded against waste, loss, unauthorized use, and misappropriation. .
State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 7

SECTION 3 (continued):
State Small Business Credit Initiative Application 8.1B – OCSP Additional Considerations

Applicant 

Name

Program 

Name

OMB Control # 1505-0227 8

SECTION 4: A description of the soundness of the OCSP’s program design and implementation 

plan.