ABOUT US

WHO WE ARE

EDC Finance Corporation is a community-based private, not-for-profit organization that was founded by the Economic Development Company of Lancaster County (EDC) in 1987 to provide Lancaster County businesses access to state and local economic development incentive financing resources.

WHAT WE DO

EDC Finance Corporation provides project structuring expertise and access to multiple leading economic development financing resources and tools.

Project size 

$500,000 to $15 million

Uses and purposes of funding 

Land and building acquisition
• Building construction, expansion and renovation
• Purchasing/upgrading long-term machinery and equipment

Entities 

Businesses – for profit, owner occupied
• Agriculture – production & processing
• Developers

CERTIFICATIONS

In April 2008, EDC Finance Corporation received the Certified Development Company (CDC) designation from the U.S. Small Business Administration to administer the federal SBA 504 program throughout the entire state of Pennsylvania.

EDC Finance Corporation also holds a Certified Economic Development Organization (CEDO) designation from the State of Pennsylvania.

REGIONAL PARTNERSHIPS

With its Pennsylvania state-wide SBA 504 lending charter, EDC Finance partners with leading not-for-profit economic development organizations to efficiently deliver SBA 504 loans to Adams (Adams County Economic Development Corporation), Cumberland (Cumberland Area Economic Development Corporation), and York County (York County Economic Alliance) businesses.

EDC Finance provides structuring expertise, credit underwriting, and maintains the back-office functions related to closing and servicing SBA 504 loans outside of Lancaster County. The regional economic development partner provides a reliable, local loan origination point of contact and staff that will assist with application material and a local voice supporting the loan approval.

BOARD OF DIRECTORS

The EDC Finance Corporation Board of Directors sets the strategic direction for the organization and oversees the operations of the loan committee. The Board also is responsible for loan review and approval of financing requests above the loan committee’s designated authority. The all-volunteer Board serves multi-year terms and we thank them for their many hours of dedicated service.

Officers

Jeffrey S. Bleacher
Board Chair
Brett D. Jackson
Board Vice Chair
Lisa D. Riggs
President
Lyle D. Hosler
Vice President

Directors

Jeffrey S. Bleacher
Managing Partner
Ross Buehler Falk & Company, LLP

Kimberly J. Decker
Partner
Barley Snyder

Jacquelin Eby
CEO & President
Versatek Enterprises, LLC

Justin M. Eby
Executive Director
Lancaster County Housing & Redevelopment Authority

Justin S. Evans
Township Manager
Mount Joy Township

Jordan K. Farrell
Vice President Finance
Irex Corporation

Roger M. Guttridge
Retired
M&T Bank, Commercial Banking

Brett D. Jackson
Partner
Brubaker, Connaughton, Goss, & Lucarelli, LLC

Mark P. Lauriello
CEO
Rettew Associates, Inc

Michael P. Peachey
Partner
Acuity Advisors & CPAs

Robert C. Shoemaker
Retired
Lancaster City Alliance, Emeritus

Tony Smith
Vice President of Finance
Warfel Construction Company