Capital Opportunities for Small Businesses - sbtdc
Capital Opportunities for Small Businesses - sbtdc
Capital Opportunities for Small Businesses - sbtdc
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C A P I T A L O P P O R T U N I T I E S F O R SMA L L B U S I N E S S E S<br />
The Support Center<br />
The Support Center is a statewide nonprofit and Community Development Financial Institution (CDFI)<br />
that provides small business loans and financial training to start-ups and existing businesses; and<br />
lending services to community-based organizations.<br />
Since 1990, The Support Center has been offering services to create economic opportunities <strong>for</strong><br />
individuals, families and entrepreneurs throughout North Carolina. Our primary activities include our<br />
<strong>Small</strong> Business Revolving Loan program, Policy & Research, and Advocacy <strong>for</strong> Community Development<br />
Credit Unions.<br />
The Support Center’s <strong>Small</strong> Business Lending Program is designed to actively reach out to underserved<br />
communities to help emerging entrepreneurs realize their economic goals <strong>for</strong> business ownership,<br />
expansion and job creation. The Support Center creates opportunities <strong>for</strong> new and existing business<br />
owners to build economic wealth <strong>for</strong> themselves and their families while improving communities.<br />
Purposes <strong>for</strong> the loans may include: working capital, equipment purchase and purchase of commercial<br />
real estate. The maximum loan amount is $250,000 with a minimum amount of $5,000. and the rates<br />
and terms are based on the amount of the loan, collateral and the borrower’s credit.<br />
3120 Highwoods Blvd, Suite 350<br />
Raleigh, NC 27604<br />
Tel: 919.803.1437<br />
Fax: 919.896.8612<br />
For <strong>Small</strong> Business Loans, contact SBL@thesupportcenter-nc.org<br />
For more in<strong>for</strong>mation go to their website at: www.ncmsc.org<br />
The Support Center/Fifth Third Bank Enterprise Loan Fund<br />
The Support Center is pleased to announce a new partnership with Fifth third Bank to create short term<br />
micro-loans and seasonal loans <strong>for</strong> farmers and small businesses <strong>for</strong> equipment, expansion, and<br />
working capital. This program was made possible in part by a grant from Fifth Third Bank.<br />
The Support Center/Fifth Third Bank Enterprise Fund will be used to meet the growing demand <strong>for</strong><br />
micro-financing and will be a great addition to the current lending programs at The Support Center.<br />
The Support Center has noticed over the last year a great increase of loan requests <strong>for</strong> micro-loans<br />
between $2,000 and $5,000. For more in<strong>for</strong>mation, please contact the <strong>Small</strong> Business Lending team at<br />
sbl@thesupportcenter-nc.org. (The views expressed herein do not necessarily represent those of Fifth<br />
Third Bank.)<br />
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