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 |
Job Creation/Retention Requirements |
|
Where to Apply |
The Rising Tide 1337 E. 5th Street Bethlehem, PA 18015 |
Contact Person |
Bethlehem
- Bill Dean, Business Development |
| Web link | not available |