By Kirk Ross
Staff Writer
Be prepared. That’s the message James Harris, Carrboro’s economic director, said is the key to not only a successful new business, but a successful application to the town’s revolving loan program.
In a report to the Board of Aldermen at their meeting Tuesday night, Harris said the 21-year record of the program has a number of success stories, all with good preparation in common.
“The more prepared they are up front, the more they are apt to succeed,” he said.
Harris said the program should have a substantial fund balance of $412,585 by the end of the fiscal year in June.