The KC Regional Microloan Fund continues to pick up speed, nearing $2.5 million in lending to small businesses after only two years in action.
The KC Regional Microloan Fund was started in 2012, after the Kansas City area went three years with no microloan program at all, leaving a huge gap in local business finance. A microloan is less than $50,000.
The program reached its goal of making $1 million in loans in its first year. The pace is picking up, with $2.5 million in loans on the books in the…
The KC Regional Microloan Fund continues to pick up speed, nearing $2.5 million in lending to small businesses after only two years in action.
The KC Regional Microloan Fund was started in 2012, after the Kansas City area went three years with no microloan program at all, leaving a huge gap in local business finance. A microloan is less than $50,000.
The program reached its goal of making $1 million in loans in its first year. The pace is picking up, with $2.5 million in loans on the books in the…