The D.C. Department of Small and Local Business Development is the founder of the new EatsPlace Line of Credit program for food businesses.
The new program is designed to boost the bottom line for District-based food businesses and fund projects that confront food waste. Highlights of the program include access to $10,000 and only pay interest on what is used; no fees with a 6% fixed interest; and a one-year term with the option to renew.
Applicants can get one-on-one help; personalized assistance from EatsPlace; information sessions covering program details; eligibility requirements; line of credit process and application submission; and transform or American Sign Language services upon request.
The application deadline is Oct. 3. For more information, go to eatsplace.com or contact info@eatsplace.com.
