PROGRAMS & SERVICES
Small Business Services
Wealth Watchers recognizes there are gaps in the availability of resources and support for small businesses, farms and ranches in rural communities. Our services seek to help bridge those gaps, so businesses can continue to thrive regardless of location.
If you dream of owning or expanding a successful business, Wealth Watchers can help turn your dream into a reality by providing you access to financial education, small business training and needed capital. Wealth Watchers is a trusted nonprofit for microenterprise and small business. We are an approved Rural Microentrepreneur Assistance Program (RMAP) lender and a leader in small business education. We offer ongoing entrepreneur classes and microenterprise loans from $5,000 – $50,000 to cover a variety of projects.
Wealth Watchers will maintain the RMAP Microloan Fund. We administer and service the microloan fund. The loan terms will not exceed 10 years. The express purpose for RMAP Loan Fund is to provide low-interest loans to micro enterprises, micro borrowers and micro businesses that do not have access to capital through traditional means, meet the needs of rural communities and fill gaps in the regional economy.
The program is designed to do the following:
Increase access to capital for small business owners
Support job creation and economic opportunity in rural communities
Support USDA’s efforts to deploy capital and create new partnerships
Offer a micro loan product at a reasonable rate to serve micro businesses and micro entrepreneurs in rural areas who lack the borrowing capacity to access mainstream financing
Be an investment that will pay long-term dividends and provide continued access to capital and credit to those growing and emerging businesses that do not have access to traditional loans