Entrepreneurs Can Get Their Loan Payments Back

Flexible small business loans, training, and technical assistance are available to start-up businesses in Garret County, MD. The county's Community Action Committee administers a comprehensive Microworks program for those looking to start a business. Microworks makes loans ranging from $500 to $15,000 and offers deferred repayment schedules. A portion of each payment made on time will be put into a reserve fund that will be refunded to the borrower upon total repayment of the loan. Technical assistance and educational services for participants include entrepreneurial training courses and seminars, networking meetings and opportunities, design and production of print materials, marketing and advertising plan creation, tax preparation, financial counseling, business plan preparation, and access to a complete lending library. Contact: Garrett County Community Action Committee - Microworks, 104 E. Center Street, Oakland, MD 21550. 301-334-9431

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Your City and County Governments

Local development groups, national and local non-profits and countless other non-governmental organizations offer free money, low interest loans and free services to entrepreneurs. We have even identified 150 such groups that offer money just to entrepreneurs that have no money. These can be the most difficult to find. Look at this database of non-profits that help entrepreneurs But don't stop there. There are thousands more. Check your local library to see if they can help.

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