Are you eligible for a microloan? What is it? What is the difference between a microloan and a standard loan? What are the known benefits and unknown risks? Well, today, December 6th, you can find answers to these and more questions.
Due to these often-unanswered questions and general misconceptions, small business owners may overlook or even dismiss microloans as a viable option.
To assist with understanding Microloans, we’ve invited Janice Marsh, Commercial Lender with Renaissance Community Loan fund. Janice will join to conversation to help demystify microloans and provide insights on how to evaluate if a microloan is right for your business.
- The benefits and constraints of microloans
- When it’s appropriate to consider microloans
- How to find a lender and prepare for the lending process