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Springboard's Artist Loan Fund provides low-interest loans from $1000 to $5000, at a rate of 1% above the prime rate, simple interest, to artists in the Twin Cities area. Loan terms are from 12 to 36 months. This is a community-based revolving loan program designed to meet a broad range of artists' needs and opportunities.
For example, loans have been used for:
Purchasing equipment for your arts business
Buying a car
Buying a computer
Moving expenses
Funding a research trip
Financing an educational opportunity
Producing marketing materials
Manufacturing CD's
Producing manuscripts for sale
Artist applicants must attend an informational meeting before initiating the process.
Meetings are scheduled monthly
and are free. Please pre-register for an info meeting by calling Springboard for the Arts at 651-292-4381 or
by clicking here .
Applications are reviewed on an ongoing basis.
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