EatsPlace’s and the District of Columbia’s Department of Small and Local Business Development’s (DSLBD’s) Business Microline of Credit Program and Food Waste Innovation Initiative. It offers DC-based businesses a unique opportunity to turn food waste into profits. Under this program, EatsPlace’s “Waste Not Want Not” line of credit funds innovative solutions to reduce food waste. Eligible items include (but are not limited to):
- Equipment upgrades
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- Refrigerators
- Freezers
- Blast chillers
- Vacuum sealers
- Dehydrators
- Inventory management
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- Mobile computers
- Scanners
- Temperature loggers
- Storage solutions
- Bulk purchasing
- Serving equipment
- Transportation
- A new idea that helps preserve profits and food!
Our line of credit is designed to give small businesses the financial flexibility for growth opportunities. Here are some key features of the line of credit:
- Flexible Credit Limits: Businesses can access funds up to their approved limit, only paying interest on the amount they use.
- Easy Application Process: The online application is straightforward, with quick approvals and transparent terms.
- Low 6% fixed interest rate. No application fee. No documentation fee. No origination fee.
This line of credit can be a valuable resource for businesses looking to maintain cash flow, invest in new projects, or cover unexpected expenses. I’ve attached a one-page flyer that describes this new program. If you would like to learn more, please contact me directly. We are also hosting online information and application guidance sessions:
Introduction to the Waste Not Want Not Line of Credit
Tuesday, August 27, 10:00AM to 11:00AM (EST)
Registration: https://tinyurl.com/5y23nx9d
Application Guidance to the Waste Not Want Not Line of Credit
Tuesday, September 10, 11:00AM to 12:00 Noon (EST)
Registration: https://tinyurl.com/38ffa5v5
For more information or to apply, go to https://eatsplace.com/lineofcredit We also would greatly appreciate it if you could share this information with your network and encourage local businesses to apply.
