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Business Financing

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Whether you’re starting a new business or expanding an existing one, we offer many attractive financing options. Businesses benefit from below-market interest rates, fixed rates with stable payments and lower down payment requirements.

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Business Resources

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The Capital Region Economic Development Corporation is a catalyst for promoting your growth by providing business development programs and resources to boost your success. Find out how you can benefit from our extensive business development network and let’s grow together.

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Economic Development Zones

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Low-interest loans, special assistance and tax credits are just a few of the many benefits businesses who locate in enterprise zones experience. We can show you how you might gain from locating in the Keystone Opportunity Zone, Enterprise Zone or Keystone Innovation Zone.

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Latest News

August 29th, 2017

It is true, economic development financing programs don’t fund every need.  These programs are legislated and monitored for compliance.  They have rules on eligibility, restrictions

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June 13th, 2017

HARRISBURG, PA (June 13, 2017) – The Harrisburg Regional Chamber & CREDC (Chamber & CREDC) announced today that 2201 NFS LLC, a related Real Estate

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May 5th, 2017

Entrepreneurship is one of the most appealing words in the world of business. For some the chance to establish and run a business that is

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Certified Area Loan Organization and Industrial Development Corporation

The Capital Region Economic Development Corporation (CREDC), the economic development arm of the Harrisburg Regional Chamber, is the leading organization for promoting and performing economic development activities in Cumberland , Dauphin and Perry counties. CREDC is a catalyst for promoting growth and quality of life in the region by providing a unique blend of business, community and economic development, and advocacy services under one roof.

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Successful Projects

Discovery Kids Childcare Center

CREDC provided a loan for $542,000 using the SBA 504 loan program.  This loan program provides the company with a fixed rate for 20 years and the ability to reduce the amount of cash traditionally needed for real estate projects.  The project provided a total economic impact to our region of over $1.1 million.  The company expects to retain current jobs and create additional jobs as the company grows.

Harrisburg Area Community College

As part of HACC’s mission to serve as a premier educational, workforce development, and public safety institution, HACC operates the Shumaker Public Safety Center.

CJ Snyder Property

Work was completed on the CJ Snyder building along the Cameron Street industrial corridor in Harrisburg. The Brownfield remediation project consisted of the demolition of an electroplating facility, and the construction of a parking lot to service neighboring companies.

Higher Information Group

Provided financing through the Small Business First (SBF) loan program to Higher Information Group, LLC.  The loan for $200,000 was part of a $408,451 total financing package which included financing from equity sources for the purposes of upgrading their computer and shredding equipment.  The expansion project will also retain 55 full-time jobs.

WCI Partners, LP

WCI Partners, LP was founded in 2005 by a group of Harrisburg business professionals and residents who recognized the opportunity to affect change within the city of Harrisburg and other urban areas by acquiring, rehabilitating, restoring and re-selling historic homes.

DRT

Through the SBA 504 program CREDC provided a loan for $416,000 was part of a $1,000,000 total financing package and included financing from Fulton Bank and equity sources for the purposes of purchasing land and constructing a larger facility in the Tuck Business Park located in North Cornwall Township, Lebanon County, PA.

Durabond Pipe Mill

After suffering five straight quarter losses, in October 2001, Bethlehem Steel, the nation’s third largest steel company, filed for Chapter 11 bankruptcy protection. A 58+ acre track in Steelton had already been mothballed for years, and any possibility of its revival had effectively been put to rest.

Tex Visions

Tex Visions used financing to purchase 8 acres of land and construct a 57,600 square foot manufacturing facility on Pine Hill Road, Middlesex Township, Cumberland County.

Hamilton Health Center

Hamilton Health Center will receive $3 million in Redevelopment Capital Assistance funds to help finance the site development and fit out of their new facility at 17th and Derry in the heart of the South Allison Hill neighborhood.

Hershey Center for Applied Research

The Hershey Center for Applied Research (HCAR) is South Central Pennsylvania’s premier research park. HCAR is providing wet and dry laboratory facilities and office space to life sciences companies at all phases of the business life cycle.

Brothers and Sisters

Borhter and Sister Food Service completed an SBA 504 loan to facilitate the business's expansion in Cumberland County.

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