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Business Funding In Georgia

Business Funding In Georgia

Many small businesses find themselves wondering about how and where they can tackle the issue of getting funds when the nation’s large banks begin to constrict loan standards. But the owners of green business are fred from the worries as there are small organizations all over the nation that are intended to help green small businesses to get funds. One of such program which is designed to fund small green businesses is Georgia Green Loans.

The program, Green Loans is initiated by Appalachian Community Enterprises, Inc (ACE) which is a non-profit organization that was commenced in 1998. From the time of its commencement, the organization has loaned more than 4 million dollars to small businesses which resulted into creating or saving more than 800 jobs in the North Georgia and Metro Atlanta area.

The Georgia Green Loans program supplies loans ranging from $500 to $35,000 to industrialists who desire to begin a green business or even promote an existing business to a more sustainable and environment-friendly model. One of Georgia Green Loans’ accomplishment stories is Arthur Thomas, owner of the Georgia Mountain Berry Farms in Eastanollee, Georgia. He opened a farm in 2008 with the help of ACE and now he is expanding his business after repaying the loan in 2009.

Another recipient of the Georgia Green Loans program is Leah Carter who is now the owner of Carrolton-based Better for Babies who deals in eco-friendly baby products.

Georgia Green Loans is thereby just one of several ways for entrepreneurs who are in search of the capital that they need to get their green business funded.