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Wednesday, May 09, 2018

Rising Tide Loan Fund Recognized at LV Leadership Dinner

The Rising Tide Community Loan Fund, a subsidiary of CACLV, provides microloans to small businesses who may have no appeal to traditional lenders, but who nevertheless are the backbone of the Lehigh Valley economy. Since it was founded in 2001, Rising Tide has provided $6 million to nearly 200 businesses. This in turn has led to the creation or retention of 700 jobs.

One of the small businesses receiving assistance is Frank Pintabone's Integrity Lawncare.

Pintabone, former president of Easton Area School Board, explained what the program meant to him during the Lehigh Valley Leadership Dinner,which was held at Artsquest last night.

Of the $6 million lent, only four percent have defaulted over the years. 

(Frank is wearing the green shirt, and Alan Jennings is to his right. I apologize but have no names for the other two gentlemen.)
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5 comments:

  1. AnonymousMay 9, 2018 at 6:35 AM


    "Integrity Lawncare" The irony!!!!!!

    ReplyDelete
  2. AnonymousMay 9, 2018 at 6:52 AM

    Landscape and lawn Care business are VERY risky and fail alot that is why banks won't fund them. Sad to see they toss money at a loosing proposition just to say they funded something. What is next they fund a furniture or jewelry store? Why not fund Jenny Craig for this guy he needs it.

    ReplyDelete
  3. Steve MelnickMay 9, 2018 at 7:59 AM

    All most people need is the opportunity to succeed. The Rising Tide provides that opportunity. As a past president of the Rising Tide, all I can say is that the fastest way to fail is to never try. Those naysayers have already failed through their inability to see the benefit of providing hope and opportunity that The Rising Tide brings to our community.

    ReplyDelete
  4. Bernie O'HareMay 9, 2018 at 8:18 AM

    The first two comments are ugly andsay more about the poster than the object of their venom.

    ReplyDelete
  5. AnonymousMay 9, 2018 at 2:29 PM

    Ask Jennings how much he pays his staff. No one can live on those wages but then again..they are mostly women so who cares.

    ReplyDelete

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