Why Business Plans are needed for Micro Loans - Stephanie Neely - Chicago City Treasurer

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Uploaded by on Mar 18, 2011

Why do you need a business plan when looking for a Micro Loan? http://www.scorechicago.org An excerpt of an interview with Mark E Goodman and Stephanie Neely, City Treasurer of Chicago recorded on February 10. 2011. In this segment, Stephanie talks about the Small Business Loan program. She notes that there are 7 lenders. This program provides loans of $2,000 to $35.000. Stephanie suggests that you develop a business plan and a relationship with your lender. Mark notes that SCORE can help. You can watch the entire interview at http://blip.tv/file/4750120

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