Because the «micro» in
microloan represents a smaller loan amount, usually up to $ 50,000, you don't need stellar credit for your business to qualify for one.
Because the «micro» in
microloan represents a smaller loan amount, usually up to $ 50,000, you don't need stellar credit for your business to qualify for one.
Not exact matches
«
Microloans are really for that startup entrepreneur or an entrepreneur in an existing business facing a capital gap who needs to secure capital for new equipment or to service a contract,» says Connie Evans, president and CEO of AEO, which
represents 400 mostly non-profit microlenders and microenterprise organizations.