BERO
Rural Micro Loan

The ECD-BERO Rural Micro Loan Fund is designed to encourage job creation and provide access to capital to existing and potential entrepreneurs to support their growth and expansion. Start-up financing for the ECD-BERO Rural Micro Loan Fund was secured from the USDA Rural Development rural business enterprise grant (RBEG) program. Micro loan funds of $500-$10,000 are available for use by entrepreneurs living and operating a business in rural Tennessee. A micro-enterprise is defined as a for-profit entity with five or fewer employees, one of whom owns the business. Fixed assets and working capital loans are accepted, and the maximum loan amount is $10,000. Technical assistance and training are available for the duration of the loan.

Additional Resources

BERO Rural Micro Loan Application

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