2007
Daily Definition: Micro loans
Posted by: Fashion06 in Financing |
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Financing a clothing business is difficult and not very attractive too investors or banks due to the nature of the business and its consumers. (most seem not to be loyal customers for long) There are other solutions to financing your apparel line Micro loans-which are loans made by micro-lenders which help fund emerging companies with small loans. The maximum for a loan is $35,000 and the average being borrowed is $10,500. For more info check out SBA for microloans and other alternatives to traditional financing options.
Fashion Industry Ceo
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April 3rd, 2007 at 10:54 am
[…] Micro Loans?for more take a look at the article. […]
April 30th, 2007 at 9:14 pm
[…] points they touched on in the article. First off if you remember the post I wrote about the?SBA on microloans and the later one on free help with your business plans. Mostly that is what the?SBA does […]