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State Loan Rates Changed

The Commonwealth of Pennsylvania changed the rates for their business loan programs.  If your business is considering an expansion or other major capital purchase, contact us to learn more about how these programs can help reduce your overall borrowing costs.

Community Economic Development – 2%

Pollution Prevention Assistance Account – 2%

Small Business First – 3.5%

First Industries Small Business First / Machinery & Equipment Loan Fund – 3.5%

Machinery & Equipment Loan Fund – 3.5%

Pennsylvania Industrial Development Authority (7 year reset) – 2.5%

Pennsylvania Industrial Development Authority (15 year fixed) – 4%

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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