Small Business Resource Center launches Small Changes Loan Program
Do you need just a little financial assistance to take your company to the next level? Perhaps it’s time to consider making some “Small Changes!” If you need funding to buy equipment, pay for advertising, build a new website or enhance your existing web presence, or even purchase inventory, the Region 10 Small Changes Loan Program was designed with you in mind.
The initial consultation is free, and microloans ranging from $2,500 to $3,500 are offered at a five-percent fixed rate for 12 to 18 months. There are no closing costs to borrowers, and loans may or may not be collateralized.
“Through our work with small businesses in the region, the SBRC found that simplified access to microloans was a definite need, and could help many local entrepreneurs reach the next level of business development,” Region 10 SBRC Director Vince Fandel said. “We believe this will be a very useful tool for small businesses across the West Central Region.”
The application process is streamlined, and counseling support and access to Quickbooks software are built into the program. To learn more about the Small Changes Loan Program or arrange a consultation, call Vince Fandel or Linda Riba of the Region 10 Small Business Resource Center at 907.249.2436, or email email@example.com or firstname.lastname@example.org. Applications are available here.
UPDATE: Vince Fandel and Linda Riba are no longer with Region 10. Please call (970) 249-2436 to learn more about the Small Changes Loan program.