SCORE, ASSETS to qualify city loans
Lancaster SCORE, the organization of volunteer business counselors, has a new trick up its sleeve when it comes to helping people who want to start a business — a microloan program in partnership with the city of Lancaster.
People who go through SCORE’s training programs, develop a viable plan for a business within the city and pass the muster of a SCORE review panel will be sponsored for loans from the city of between $1,000 and $10,000.
"It’s a break for us, because no SCORE organization in the country has been doing this," said Andrew Zourides, the organization’s chairman for the past two years.
ASSETS Lancaster, which also provides business training and counseling, will be sponsoring microloan applicants, too.
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