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Wednesday, May 4, 2016

Community Action Program offers small business loans

Thursday, September 27, 2012

The Community Action Program, Inc., of Western Indiana has a revolving loan program, which helps individuals fulfill their dreams through small business loans.

The goal of the small business loan program is to assist and foster microenterprise and small business development growth.

The amount of the loan and the time frame for repayment depends on the amount needed and the ability to pay back the loan.

The loans can be blended with other sources of financing for larger investments.

The loans can be used for working capital, inventory or fixed assets.

Extended terms are available to fit needs.

Community Action Program, Inc., of Western Indiana starts out with providing training about business strengths and weaknesses. It provides needed capital through the loan application available at any of its five outreach offices.

Log on to www.capwi.org for a listing of locations.

Those who reside in Benton, Clay, Fountain, Jasper, Montgomery, Newton, Parke, Vermillion, Vigo or Warren counties who are in need of help should consider this option.

For further information, call Alice Young at 765-793-4881 Ext. 1209 or e-mail ayoung@capwi.org.

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