Still offering 5.5% interest

Outdoor recreation is one of the few economic sectors that grew during the pandemic and it has continued to grow as individuals and families have picked up new hobbies and formed new traditions. This was the message by Governor Shapiro in an announcement on September 6th in Fayette County, PA.

The Progress Fund was mentioned for its role in providing loans to small businesses, many of which depend on outdoor recreation. Although interest rates have spiked, The Progress Fund is still supporting these businesses with interest rates as low as 5.5% for those that qualify. Businesses should start a conversation with The Progress Fund.