Trustee: Paramount Pursuits
Ambridge , PA
Overview
- Why are you interested in becoming a Trustee?
- At Paramount Pursuits, we work with entrepreneurs to give them all of the tools they need to succeed. Part of this process is ensuring our clients have access to capital so they can either grow or start their businesses.
- What is the mission of your organization?
- Paramount Pursuits, LLC is an economic development consulting firm that focuses on business incubation and Main Street revitalization. We work with entrepreneurs to establish and grow their businesses which directly contributes to the economic growth of their local communities. We strive to ensure inclusivity in the entrepreneurial ecosystem in Pennsylvania and Ohio and work diligently to break barriers to entrepreneurship.
Borrower Due Diligence
- How will you decide who to endorse as a borrower? What due diligence will you conduct?
- At Paramount Pursuits, we have mentors and advisers that work with our clients because statistics show that a start-up business that has a mentor has a much higher chance at success. Therefore, we typically will only endorse borrowers that have a mentor. Before we endorse a borrower, we will ensure that their financial plan is strong, and they also have a strong marketing and sales plan.
About Paramount Pursuits
Trustee type:
N/A
Location:
Ambridge ,
Time on Kiva:
N/A
Kiva borrowers:
14
Total loans:
$88,000
Defaulted:
0
Repayment rate:
84%
All Loans for this Trustee