Our microloans are available for up to $50,000 to help support small businesses with startup costs or expansion for existing businesses. Borrowers are usually single member LLCs that have been in business for less than a year. Our average microloan is about $26,000.
Microloans have been used to purchase equipment, supplies, inventory, make lease payments, improve working capital, expansion and more. Whatever the need may be, a micro-loan from The Rising Tide can help any business in a community where resources and opportunities for growth are limited.
Any startup or existing business may apply for a Rising Tide line of credit. We support locally-owned businesses in Eastern PA:
- Upper Bucks