Piedmont Business Capital and our partners are offering a variety of lending programs for qualified
small businesses across Greensboro, Winston Salem, High Point, and rural Piedmont North Carolina. The MWBE Loan Fund – Providing funding to minority and women-owned businesses registered as an MWBE,
DBE, and or HUB who are headquartered in or have acceptable contracts within the Piedmont Triad
Region. Businesses seeking a designated status may apply for funding. Contract proceeds must be assigned with a signature from the borrower and prime contractor or agency awarding the contract. For qualified businesses seeking financing for general working capital, leasehold improvements,
inventory, equipment (not rolling stock purchases, and human capital increases to expand their
already established business. The loan proceeds can be combined with and subordinated to
traditional bank financing. Building on PBC’s growing success in assisting underrepresented Triad small businesses with
their funding needs, PBC’s proposed the creation of a new fund entitled “Greensboro Women and
Minority Opportunity Recovery Enterprise (GROW-MORE).” The GROW-MORE Fund is designed to provide
access to new lending products for small minority and women-owned businesses headquartered in
the City of Greensboro. The loans will assist in accelerating the recovery of underrepresented
businesses from the disproportionate negative economic impact caused by the COVID-19
pandemic. The GROW-MORE Fund is comprised of the following new loan programs:
Commercial Business Loans – 2023
The Small Business Expansion Fund (SBEF)
The Grow More Loan