Direct Loan Added to Quick Grow Loans
REAP and GROW Nebraska are in the second year of a
collaborative lending arrangement which resulted in a
Quick Grow loan product offered through GROW Nebraska.
REAP and GROW are announcing a second GROW Nebraska
lending product called the “Quick Grow Direct Loan.”
GROW Nebraska now offers two distinct loan products to
their members. The original Quick Grow Loan can be used
for startup and existing business purposes and is
designed for easy borrower application process and quick
turnaround. The loan can be $1,000 or less and requires
The new loan product, the Quick Grow Direct Loan is for
loans up to $5,000 and requires collateral. Subsequent
larger loans can be obtained through existing
microlending organizations in Nebraska.
A marketing and training program for Nebraska arts and
crafts businesses, GROW stands for Grassroots Resources
and Opportunities for Winners. It is a project of the
Central Plains Foundation, Inc. located at Holbrook,
GROW Nebraska began accepting members in January 1998.
The cost of membership is $75 annually. Members also pay
at a discounted rate for cooperative ads and booth fees.
The core services include product jurying, retail and
wholesale markets, cooperative ads, group
marketing/advertising, and educational events.