Outdoor Recreation Microloan Program

 

Outdoor Recreation Microloan Program

Superior California Economic Development (SCED) believes the outdoors is one of our region’s greatest assets—and the small businesses that help people enjoy it are vital to our economy.

Thanks to a grant from Wells Fargo, SCED offers microloans of $5,000 to $30,000 for outdoor recreation businesses looking to grow, purchase equipment, or cover essential operating expenses.


Who Can Apply?

- For-profit business in Modoc, Shasta, Siskiyou, or Trinity County

- Outdoor recreation industry (e.g., guides, outfitters, rentals, repair shops)

- U.S. Citizens or Lawful Permanent Residents

- Personal credit score of 650 or higher

- All 20%+ owners must guarantee the loan

Loan Terms & Uses

Loan Amounts: $5,000 – $30,000

Interest Rate: Prime + 2% fixed

Loan Term: 5 years

Fees: $350 origination, $15 credit, $80 UCC

Use of Funds:

- Equipment

- Payroll

- Rent & utilities

- Inventory & supplies

- Other eligible expenses

*No refinancing or personal expenses*

How to Apply

To apply, download the application package and email your completed materials to Sierra Butler at sierra@scedd.org.

Questions? Call Sierra at (530) 225-2760