Home > Small & Minority Owned Company Loan
What exactly is SMOB?
The Small or Minority-Owned Business Assistance Program provides a statewide platform that fosters the rise and development of tiny and minority-owned organizations in Tennessee. The Program places focus on the stage that is preparatory of or expanding a company by making certain adaquate planning and funding are taken into account.
The SMOB Program provides assist with Qualifying Businesses in two main areas, Program Services and Loans.
“Program Services” provides usage of a range of technical help, training, and consulting services to Qualifying Businesses which could or may well not make application for Loans under the Program.
“Loan” means that loan for the particular task for that the applicant has requsted Program Assistance. Listed here are appropriate purposes which is why a loan might be produced:
...