Areas Served: Middlesex, Essex, King and Queen, King William, Glouchester and Mathews counties.
The main objective for the MPBDP Loan Pool is to assist in providing financing to low-income, women, and minorities who have a solid business idea, but are not able to obtain financing through traditional avenues (i.e. bank).
The micro loan pool allows loans up to $35,000. Funds can be used to purchase equipment or use as operating capital.
If you are approved for a loan you will be required to secure collateral at a level defined by the loan review committee.
Contact InformationMiddle Peninsula Business Development Partnership
Address: PO Box 286
City: Saluda
State: Virginia
Website:
http://www.mpbdp.org/lending.php
Leave a Reply