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Intelligencer Journal / Lancaster New Era; May 28, 2012
by P.J. Reilly
The Next Generation Farmer Loan Program, administered by EDC Finance Corporation, in Lancaster and Chester counties awards 100th loan since the program was introduced here in 2000. more ...more ...
Intelligencer Journal / Lancaster New Era; May 2, 2012
by Tim Mekeel
EDC Finance Corporation aids local engineering firm with acquiring a Small Business Administration 504 Loan to expand their business at a new location. more ...
Sunday News; March 25, 2012
by Tim Mekeel
EDC Finance Corporation assists Ivy Creek Custom Cabinetry in acquiring a 46,000 square foot facility through a Small Business Administration 504 Loan. more ...
Intelligencer Journal / Lancaster New Era; March 20, 2012
by Bill Clark
Gorman Distributors, a business new to Columbia Borough, purchased and renovated a silk mill in order to build and expand their business. more ...
Sunday News; May 22, 2011
by Paula Wolf
EDC Finance Corporation assists local company to access funding for the purchase and renovation of a former factory building that will provide a much larger facility for their expanding advertising and marketing business. more ...
Central Penn Business Journal
April 29, 2011
by Tim Stuhldreher
EDC Finance Corporation gets the word out about the new and temporary SBA 504 Refinancing program. more ...
SBA 504 Refinance
Information Meeting & Breakfast
April 12, 2011
7:30 a.m.-8:30 a.m.
Lancaster Country Club, 1466 New Holland Pike
An information seminar for all who are interested (especially business owners, bankers, accountants and attorneys) in learning about the temporary SBA 504 refinance opportunities. A Q&A session and free breakfast are included.
Click here to read more about SBA 504 changes and the temporary refinancing option.
Click here to access the slides from the April 12, 2011 seminar.
Intelligencer Journal / Lancaster New Era
April 7, 2011
The Lancaster Northwest Gateway Project has been honored as one of the nation's 10 best brownfield-revitalization efforts by the nonprofit Phoenix Awards Institute. more ...
Lancaster Farming
Dick Wanner, Reporter
February 26, 2011
Lyle Hosler, project manager for EDC and EDC Finance Corporation is one of several speakers at the February Ag Issues Forum. more ...
Lancaster Farming
Dick Wanner, Reporter
February 22, 2011
Lyle Hosler, project manager for EDC and EDC Finance Corporation is member of newly formed Lancaster County Agriculture Council. more ...
JOIN US on Friday, February 19 to learn how tax-exempt Recovery Zone Facility Bonds can benefit Lancaster County economic development projects in 2010. (event details & registration)
Click here for a printable Recovery Zone map .
. . .
Intelligencer Journal / Lancaster New Era
P.J. Reilly, staff writer
January 29, 2010
Privately owned economic development projects located within designated "Recovery Zones" can take advantage of a limited time tax-exempt new funding tool. more ...
ATTENTION: Business, Government and Economic Development Professionals ...
Lancaster County Job Summit
Register now for the Lancaster County Job Summit on March 26, 2010 from 7:30-10:00 a.m. at the Eden Resort Inn in Lancaster. details (PDF) ...
NEWS FLASH! November 12, 2009
EDC Finance Corporation was notified today by the PA Department of Community and Economic Development that the First Industries Fund loan program for agriculture projects has been recapitalized and is now available to accept funding requests.
The recently launched Small Business Administration (SBA) YouTube channel includes an introduction to the SBA and its programs and services, as well as a ten-part "Delivering Success" series. Visit the site often for updates and expanded information.
October 9, 2009
John H. Rose, EDC Finance Corporation Board Chairman, speaks at the Northwest Gateway Dedication Ceremony as project partners celebrate the completion of the redevelopment efforts of the 47-acre former Armstrong World Industries industrial complex.
LUNCH EVENT:
"Let's talk business financing over lunch (our treat) . . .
and how EDC Finance can help."
Business Financing Discussion & Lunch
Thursday, October 8, 2009
Click here for invitation/registration (PDF).
by Tim Mekeel
September 3, 2009 Intelligencer Journal/Lancaster New Era
EDC Finance helps to secure the financing package for Lancaster Leaf Tobacco Co. to remain and expand here.
by Tim Mekeel
July 7, 2009 Intelligencer Journal/Lancaster New Era
Thanks to lower equity requirements and increased funding, it's now easier for local businesses to get state help for expansion projects through the Pennsylvania Industrial Development Authority (PIDA) program.
by Paula Holzman
June 18, 2009 Central Penn Business Journal
Read about the most recent developments of the very popular First Industries Fund for agriculture and tourism.
by Lyle Hosler, project manager
Economic Development Company of Lancaster County (EDC)
January 3, 2009 Lancaster Farming
Lyle Hosler presents a brief overview of the services that EDC and EDC Finance Corporation provide to the county's production agricultural community to help them grow and remain competitive.
October 7, 2008
Sixty-two projects will inject $59 million into state's economy.In Lancaster County, EDC Finance Corporation administers the First Industries Fund loan program.
October 7, 2008
Funds to help make $33.6 million in projects possible for Harrisburg, Lancaster areas.
EDC Finance Corporation obtained fund manager status by the Commonwealth of Pennsylvania, to administer Building PA funds through the LancasterProspers Urban Capital Fund Program.
October 8 , 2008 Lancaster New Era
EDC and EDC Finance Corporation assist 1 start-up business, 2 developers and 10 Lancaster County farms access state funding programs, facilitating economic growth county-wide.
In addtion, the state allocates an additional $3.7 million to replenish EDC's allotment of Building PA money through its LancasterProspers Urban Capital Fund.
July 24, 2008 Intelligencer Journal
Six farm families approved for Next Generation Farmer Loan Program loans, a funding source that has recently nearly doubled. EDC Finance
Corporation administers the program for Lancaster County.
June 2008 PAgrows Insider
The Pennsylvania Department of Agriculture's quarterly e-newsletter spotlights the Next Generation Farmer Loan Program and a Lancaster County, PA project assisted by EDC Finance Corporation.
June 4. 2008 Lancaster New Era
EDC Finance Corporation receives designation as a Certified Development Company from the U.S. Small Business Administration (only the 8th in the Commonwealth) to administer the flexible SBA 504 loan program.
Lancaster General Community Benefit 2008 Spring Report
David Nikoloff, president of EDC and EDC Finance Corporation, discusses the 47-acre Armstrong World Industries redevelopment project in Lancaster City's northwest.
April 24. 2008 Lancaster New Era
EDC Finance Corporation's $4 million LancasterProspers Urban Capital Fund/Building PA application is approved by the Commonwealth Financing Authority. This approval expands the flexible program's funding opportunities to include not only the City of Lancaster, but also 6 Lancaster County boroughs: Ephrata, Elizabethtown, Lititz, Columbia, Mount Joy and Manheim.
December 11, 2007 Lancaster New Era
From 2000-2007, EDC Finance Corporation has obtained $15 million in state funds for 74 local working farms, helping Lancaster County farmers buy $50 million worth of land, buildings and equipment.
December 8, 2007 Intelligencer Journal
EDC Finance Corporation marks significant miletones it has reached in its work with the Lancaster County agricultural community.
December 7, 2007
Celebration event featuring PA Secretary of Agriculture slated for Dec. 11 at Pequea Township farm. |