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Commission considers relaunch of Germantown business loan pool after seminar
Summary
Commissioners reviewed a 10/30 loan-pool seminar, discussed relaunch strategies, an opt-in directory of local resources, and website application fixes; staff reported one application had been received following the seminar.
Commissioners debriefed a business loan-pool seminar held Oct. 30 and discussed next steps to relaunch and publicize the program.
Melanie, a commissioner who identified herself as a business owner, summarized takeaways: banks conduct full financial reviews of applicants so the village need not collect sensitive financial information; the village's role is to refer potential borrowers to participating banks and…
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