The 2016 Financial Services Champion is Maurice Ames, Director of Operations with Maryland Capital Enterprises in Salisbury, nominated by the Maryland Capital Enterprises Women’s Business Center.
Maurice is a “jack of all trades.” His resume includes: former police chief, licensed bail bondsmen, licensed insurance agent, licensed general contractor and 15 years of lending experience. Quite a list and he’s mastered them all. He’s really a great asset to the Eastern Shore business community, traveling up and down the Shore meeting with existing and potential clients. Maryland Capital Enterprises, a SBA micro-lender, provides smaller loans to businesses that employ fewer than 10 people, need $35,000 or less in capital and do not have access to traditional lending sources such as banks.
Maurice understands that MCE clients are often in unusual situations that can’t always be explained on a standard loan application. He knows that bad things happen to good people, like divorce or sky high medical bills. He takes the time to visit entrepreneurs at their location to see firsthand their product or service, review their marketing strategy and witness how they interact with their customers. This gives him a better sense of their management skills and character and helps to assess their ability to repay the loan. It’s not uncommon for the Loan Committee to approve a loan based solely on Maurice’s endorsement following a site visit.
To date, Maurice has worked with over 200 clients and made 119 loans in the past two and a half years. Collectively, MCE has assisted over 1,200 entrepreneurs, provided training to more than 2,200 individuals and made loans totaling over $2.2 million.
Maurice is a frequent speaker at business start-up workshops, sponsors the Amateur Athletic Union Basketball Team and is a member of the Masonic Sons of Harriett Tubman.