Program

Rising Tide Community Loan Fund

Minimum/Maximum Amounts

$25,000 Maximum

Eligible Activities

Start-up businesses and existing businesses, unable to secure conventional financing.   Businesses need to be located within targeted areas.

Term & Amortization

Individually negotiated

Rate

Case by case qualifying basis

Fees

Application fee  $100.00

Loan Processing Considerations

Start -up businesses must complete the "Start your business program" sponsored by the Community Action Development Corporation of the Lehigh Valley.
Existing businesses- usual loan requirements including credit references, past tax returns, etc.

Special Notes

Targeted areas: South Bethlehem, Center City Allentown, Easton
Note: details on exact geographic areas included available from the contact person listed below

Job Creation/Retention Requirements

 

Where to Apply

The Rising Tide

1337 E. 5th Street

Bethlehem, PA 18015

Contact Person

Bethlehem - Bill Dean, Business Development
Phone:  610-807-9337
Fax:      610-807-9313
Allentown - Alicia Keegan, Business Development
Phone: 610-433-5703
Fax:     610-433-2446

Web link

not available