A low-interest loan program for small business has received a make-over. The State Treasurer worries not enough Missouri small businesses know about it.
Lawmakers approved the Invest in Missouri program this past session, which contained provisions to broadened the Missouri Linked Deposit Program. More money is available. More small businesses qualify.
Now, more need to know about it, says State Treasurer Clint Zweifel.
“We do know that 75% of all job growth in the state during an economic recovery is going to be job growth that is coming from small businesses,” says Zweifel. “So, this is a great program that touches those businesses, helps them save money when they borrow money, helps them re-invest in the people in the state.”