How do you get Slow Money NC loan?
If you have a local farm or other local food enterprise, with a viable need for capital to get started or expand, Slow Money NC may be able to help.
Slow Money NC is bringing people together to discuss how we can get on with fixing our local food economy from the ground up by using sustainable practices to offer healthy, delicious, nutritious, local food to our community.
If your business fits this mission we invite you to fill out this online Borrower Information Form and someone will contact you very soon. The questions are designed to help us get to know you better, not simply based on credit checks and exhaustive business plans.
Slow Money NC does not have any money to lend. But we meet people who do, and they might want to meet you. These are primarily direct, peer-to-peer, low-interest loans, that are transacted by people who know one another.
We will try to introduce you to individuals in your area who have shown an interest in supporting local food businesses. If we don’t have any potential lenders in your area we will let you know that as well.
These are meant to be affordable loans, and the interest rate will be negotiated between the lender and borrower, typically between 2 and 4% depending on the size and term of the loan. While their are no fees for making or receiving Slow Money loans, as a non-profit enterprise, Slow Money NC invites donations so that they may continue to run this project.
Take a look at the information on the How Slow Money Works page as well, especially #3 and #4.
We look forward to speaking with you about your ideas!
Any questions about this form, or Slow Money NC, just contact us.
If you do not hear back within a few days, feel free to send a follow-up email as well.
By submitting this form, I certify that I have read and agree with the Slow Money Principles, and I am committed to the mission of the Slow Money NC Project.
By submitting this form you are (both, if joint applicants) attesting to the fact that you are the person(s) named in the application data contained in the fields above, and that the information you have submitted is true and accurate to the best of your knowledge.