Welcome to Rising Tide Community Loan Fund, small business loan products for the Lehigh Valley!
Small Business Opportunity Loan Fund
Small Business Opportunity Loan Fund
The small business loan provides up to $150,000 to help existing small businesses with projects that require more funding than a microloan provides. To be eligible to apply, the business must be in operation for at least one year.
Small business loans can be used to purchase equipment, supplies, inventory, working capital, expansion and much more. Whatever the need may be, a small business loan from the Rising Tide can help any small business in a community where resources and opportunities for growth are limited.
Who is eligible?
All small businesses that have been in operation for at least one year, may apply for a Rising Tide small business loan. We support locally-owned businesses in the following counties:
- Carbon
- Lehigh
- Monroe
- Northampton
- Upper Bucks
How much can I borrow?
These loans are available for up to $150,000.
What can the loan be used for?
Small business loans can be used to support the increased capital needs of existing businesses. Examples of these needs include:
- Business Acquisition
- Real Estate Acquisition
- Expansion
- Equipment/machinery
- Marketing
- Inventory
- Working capital
How long is the loan term?
Loan terms vary and they are based on many different factors. The amount requested, use of funds and collateral are factors that are considered. The longest possible term is 15 years.
How do I apply?
You can apply online or download and complete these application materials. If you need assistance, feel free to contact us.