Trustee: Baltimore Small Business Resource Center
North East, MD
Overview
- Why are you interested in becoming a Trustee?
- We would like to be able to reach out to individuals in Baltimore City who may not qualify for more conventional loans from banks and other lending institutions.
- What is the mission of your organization?
- We are dedicated to providing value added, strategic resources to entrepreneurs and small businesses in Baltimore City. We offer a variety of classes and seminars to assist the business owner achieve their dreams. We provide free counseling, access to funding, and marketing resources to help companies grow. We are fortunate to have the support of Baltimore City and the Baltimore Development Corporation.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- Our borrowers will be required to first complete a series of classes offered by the Small Business Resource Center. They must have a business plan. All borrowers will be reviewed by a panel of individuals put together by SBRC who will have some experience in the field where the borrower is or plans to enter into.
About Baltimore Small Business Resource Center
Trustee type:
N/A
Location:
North East,
Time on Kiva:
N/A
Total loans:
$33,500
Paying on time:
Not enough data
Paying back late:
Not enough data
Defaulted:
2
Repayment rate:
77%
All Loans for this Trustee