Creative Business Loan Fund
The Creative Business Loan Fund from the Pennsylvania Council on the Arts offers flexible loans and technical support to help small creative businesses in Pennsylvania grow and innovate.
Funder: Pennsylvania Council on the Arts
Due Dates: Rolling
Funding Amounts: Loans from a few thousand dollars up to $250,000; average loan $169,000; flexible terms
Summary: Flexible financing for small creative businesses in Pennsylvania, with a focus on underserved communities and diverse business needs.
Key Information: Apply via the designated loan fund partner for your county; technical assistance included.
Description
The Creative Business Loan Fund, established by the Pennsylvania Council on the Arts, provides affordable and flexible loans to small creative businesses throughout Pennsylvania. The fund is designed to support the diverse financial needs of creative enterprises, especially those in underserved areas such as small towns and rural communities. Since its launch in 2020, the fund has enabled businesses to access capital for working capital, equipment purchases, renovations, and, in limited cases, property acquisitions. The fund is managed in partnership with Bridgeway Capital and Rising Tide Community Loan Fund, which also offer technical assistance to borrowers.
