The Problem:The weakness of small businesses and micro enterprises is access to capital and marketing. The lack of capital can hinder a Minority-owned business from investing in their business at a level that will produce an optimal return on investment (ROI). Seeking small business loans is a challenge because of higher interest rates. Without capital, it’s often difficult to maintain your business or to invest in it's future needs, i.e. equipment, construction, inventory, personnel.
Minority, Women owned and Micro-enterprise businesses experience difficulties in obtaining capital. The success of Micro-enterprises and minority-owned businesses is a key element in building wealth and economic infrastructure in disadvantaged communities. Access to capital allows businesses located in disadvantaged communities to create much needed jobs, that community redevelopment and increased political and social influence for the citizens. Unfortunately, few minority and women-owned micro and small business owners do not believe they have the ability to acquire a business loan. We want to change that! |
An African proverb states that if you want to go fast, go alone. If you want to go further, go together.
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Debbie Beckford
Marketing Director for PAACHMP Location Name, 1345 Main St, Pensacola, FL 32514
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Marketing and Advertising Program
It is the desire of the Pan African American Cultural Heritage Market Place (PAACHMP) to assist Pan African businesses with their Marketing and Advertising needs; and to build the New World Market Place for the cultures of Pan Africa and others to create wealth that can be used to rebuild communities, using the principles of global trade and commerce. The Pan African American Cultural Heritage Market Place is one venue that can be used to begin the process of clustering and creating wealth for people of African descent across the Global Market Place at a low cost of membership. We have a global reach of over 20 Million potential customers.
Sound familiar?
- “I’m not in the financial position to be approved for things like a line of credit,”
- “Every creditor that I talked to, every bank that I talked to pretty much said they wouldn’t be able to approve it because of either credit score or not enough credit history.”
The New Market Place Support Program is excited to introduce our partnership with David Allen Capital, an alternative source that may be able to get capital for your business when you need it. Be bold and give them a try. You will be glad you did!
Help Is Here:
Gallery of Business Partnership Support Programs
Travelers Program
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Market, Advertise, Promote, and SalesShowcases the products and services of our affiliate members and increase the business opportunities for our members, by market.
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