Sentences with phrase «microlenders help»

However, many microlenders help businesses grow and establish better credit.

However, many microlenders help businesses grow and establish better credit.

Not exact matches

It also helps make capital available for microloans to microlenders.

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.

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.

Many microlenders, however, help businesses grow and establish better credit.