Local businesses in Allegany, Garrett, and Washington counties may see improvements to regional loan programs following a new survey launched by the Tri-County Council for Western Maryland (TCCWMD). According to a press release issued by Washington County Government, the survey aims to gather input that will help reform existing financial tools to better support local economic growth.
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The five-minute survey, available through August 15, is designed to guide potential updates to the Revolving Loan Fund and SLoT Loan Program. These resources are used to provide funding to small businesses in the region. By participating, business owners can influence decisions that may result in more relevant and accessible loan structures tailored to current financial challenges.
With assistance from the Washington County Department of Business and Economic Development and consulting firm PPR Strategies, TCCWMD is conducting a strategic review of its financing initiatives. This review is part of a broader effort to modernize tools that support small business expansion, job creation, and long-term economic development across Western Maryland.
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TCCWMD, which has served the region for over five decades, is encouraging all businesses in the tri-county area to contribute feedback. The insights collected will help identify funding gaps and shape more responsive lending programs. Local businesses interested in influencing the future of regional business financing can take the survey at https://www.surveymonkey.com/r/TCCWMDBusinessFinance.
Article by multiple contributors, based upon information from Washington County Government press release
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