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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.

252 Grill

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