Thread Capital
To our Thread Capital clients
Effective May 1, 2024, Thread Capital is not accepting new loan applications while we undertake a strategic assessment regarding the long-term future of our direct micro-lending program. Read more. . .
Who is Thread Capital?
Small-business ownership is not for the faint of heart. Your willingness to take risks and start a small business, deserves to be supported. Now more than ever, North Carolina needs to help its existing small businesses and emerging entrepreneurs wherever you are located, whether it’s a big city, a small town, or a rural crossroads. After all, it has been shown that it will be you, the risk-taking entrepreneur pursuing your own dreams, who will create the bulk of new jobs in our state. Our economy cannot grow without you.
Thread Capital is your first step in joining a more robust, inclusive ecosystem of entrepreneurship in North Carolina, one that gives you an opportunity to achieve your small business dreams.
Thread Capital is not accepting new applications at this time while we assess the long-term future of our direct micro-lending program.
Latest Numbers
91
Total Number of Loans Made
$2,084,700
Total Amount of Loan Funds Distributed
$22,900
Average Loan Size
64%
WOMEN
58 Loans
69%
BLACK OR AFRICAN-AMERICAN
63 Loans
11%
LATINO OR HISPANIC
10 Loans
8%
VETERAN
7 Loans
42%
RURAL
38 Loans
78%
VERY SMALL BUSINESS
68 Loans
LIFE OF PROGRAM
1,648 TOTAL LOANS APPROVED
$85,693,362 TOTAL LOAN VALUE
Fiscal Year 2023