Sentences with phrase «microlenders often»

Microlenders often act as counselors and help nurture small businesses to help them draft business plans, devise marketing strategies, and understand their business before taking on debt.

You don't need perfect credit to qualify for a microloan, since microlenders often consider your credit history in the context of your whole application.

Not exact matches

There are a few hundred microlenders throughout the United States and while they often charge slightly higher interest rates for loans than banks, they've helped 250,000 - 300,000 small businesses each year and lent more than $ 2 billion nationwide during the past 10 years, according to the Association for Enterprise Opportunity (AEO), the trade association for microlenders.