There is a non-profit organizations titled, Count Me In Loans, which offers women who are starting or growing their business, the opportunity to get some loans. Your first loan can be anywhere from $500-$5,000.
The interest rate ranges from 10-15%, depending on your credit history, the risk of the business, and prior experience. Terms will be anywhere from 6 months to 60 months depending on the amount of the loan. First loans usually are repaid in 18 months or less.
Loans can be used for working capital, purchase of inventory or equipment, marketing materials, or other things that will help your business generate cash. You can borrow more with their make mine a million program. Visit the website www.count-me-in.org for an online application and more deatiled information.
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