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.
  • Kimberly J. Decker
    Partner
    Barley Snyder
  • Jacquelin Eby
    CEO & President
    Versatek Enterprises, LLC
  • Justin M. Eby
    Executive Director
    Lancaster County Housing & Redevelopment Authority
  • Jordan K. Farrell, Vice Chair
    Vice President of Construction Services
    Irex Corporation
  • Roger M. Guttridge
    Retired
    M&T Bank, Commercial Banking
  • Brett D. Jackson, Chair
    Partner
    Brubaker, Connaughton, Goss, & Lucarelli, LLC
  • Sam Jordan
    Controller
    Charles F. Snyder Funeral Home & Crematory, Inc.
  • Jose Lopez
    President
    SACA & SACA Development
  • Robert C. Shoemaker
    Retired
    Lancaster City Alliance, Emeritus
  • Tony Smith
    Chief Operations Officer
    Acuity Advisors & CPAs