MORTAR Debuts Iron Chest to Fund Loans for Entrepreneurs

The fund will provide zero percent interest micro-loans of up to $10,000 to local entrepreneurs who typically wouldn’t be qualified for a loan through a traditional bank. Every potential recipient will take a financial literacy and money management course before receiving a loan. Nine local entrepreneurs have already been chosen to receive loans through the Iron Chest Fund. Recipients include apparel companies, a men’s consignment shop and a paleo-friendly restaurant.