An EAP offers access to business credit, training and networking to self-employed and small business owners of all kinds. Working Capital provides the credit, tracks the loans, and provides networking and other support services. It does all the paper work and secures the financing.
Loans require no collateral and no credit checks.
Eligibility is based on good business planning, active group participation and positive community relationships. Loan decisions are made by a lending committee comprised of your business-owning peers, elected from within your EAP group. The New England Small Farm Institute and Working Capital Founded in 1990, Working Capital increases the economic success of self-employed individuals and their communities by providing loans, business education, and networking to entrepreneurs with limited resources. Recognized by the White House with the first Presidential Award for Excellence in Micro Enterprise Program Innovation, and recipient of a major award from the Dept. of the Treasury s Community Development Finance Insitute to substantially expand its program, Working Capital receives major support from the Ford, Mott, and MacArthur Foundations, BankBoston, the Boston Foundation, and several local foundations interested in grassroots economic development.