Creative Business Loan Fund
Creative Business Loan Fund supports Pennsylvania creative small businesses with loans for operations, equipment, and space improvements to strengthen employment and economic vibrancy.
Funder: Pennsylvania Council on the Arts
Due Dates: No deadline stated
Funding Amounts: Loans from a few thousand dollars to $250,000
Summary: Flexible financing for Pennsylvania creative small businesses to support operations, equipment, renovations, and limited building acquisitions.
Key Information: This is loan financing; apply through the lending partner serving the county where your business operates.
Description
Launched in 2020, the Pennsylvania Council on the Arts’ Creative Business Loan Fund provides affordable, flexible financing for creative small businesses across the Commonwealth. The fund recognizes these businesses as drivers of employment and economic vibrancy, with a focus on underserved communities, including small towns and rural areas. Participation is encouraged across low-income, urban, suburban, and rural communities.
The fund supports businesses working in craft manufacturing, arts education, architecture, design and fabrication, media, and visual and performing arts production. Bridgeway Capital and Rising Tide Community Loan Fund administer lending and provide small business technical assistance in their respective regions. Financing can support working capital, equipment, improvements to business spaces, and, in limited cases, building purchases.
