One of the biggest questions EDC Finance has fielded in 2013 is ‘When will SBA 504 debt refinance return?’ The National Association of Development Companies (NADCO) is the SBA 504 trade group that has been working with the various legislative bodies to reinstate the popular Debt Refinance provisions that expired in September of 2012. The […]
Ingham’s Powder Coating, a family owned and operated business since 1989, recently received an SBA 504 and a SBF loan through EDC Finance to help fund the relocation, expansion and addition of equipment for their business. Given the success of the operation, the owners, Kyle and Barbara Ingham, were looking for a larger facility so […]
David and Andrew Neff embarked on a venture to create a one of kind craft beer and provisions store in Lancaster County in 2012. Their dream entailed reusing a vacant building on Landis Avenue in Manheim Township. The Neffs did extensive renovation work and in the process rehabilitated a building have helped to revitalized a […]
EDC Finance Corporation
by Erin Lyons
EDC Finance Corporation is pleased to announce the addition of two new regional partnerships with Adams County Economic Development Corporation and Cumberland Area Economic Development Corporation. The purpose of these strategic alliances is to offer the U.S. Small Business Administration’s 504 loan program to businesses in Adams and Cumberland Counties. Through […]
EDC Finance Corporation
by Lyle Hosler, Vice President
We want to send you this important announcement to let you know about several updates from EDC Finance Corporation. It has been a while since you have heard from us electronically regarding economic development news throughout South Central PA. During that time we have been revamping our communication processes […]
Intelligencer Journal / Lancaster New Era
by Tim Mekeel, Business Editor
Tony Fanning walks through his machine shop’s new location, noting the wide aisles between rows of equipment.
It’s breathing room that his company, Flex-Cell Precision, lacked at its previous address.
But at the rate his business is growing and adding equipment, Fanning figures he might someday need to […]
Intelligencer Journal / Lancaster New Era
by Tim Mekeel, Business Editor
Kurt Thomas knows the situation.
He sees that interest rates and construction costs are unusually low.
He hears industry experts predict an upturn for the tourism industry.
So Thomas realizes that, if he was ever going to renovate and expand his Intercourse Village Inn, the ideal opportunity is now.
“We […]
Intelligencer Journal / Lancaster New Era
by Tim Mekeel, Business Editor
Go with what you know.
That’s how savvy entrepreneurs point their new business toward success.
And it’s the strategy that the Neff family is following in their first start-up venture, Hunger-N-Thirst.
A unique concept for the county, Hunger-N-Thirst will include a specialty food store, a craft-beer tap room and […]
York & Lancaster, PA (June 27, 2012) – The York County Economic Alliance and EDC Finance Corporation recently announced their formal partnership to provide the Small Business Administration (SBA) 504 program to York County companies. The collaboration of these two significant organizations means great things for the region.
“We at the York County Economic Alliance are […]
Intelligencer Journal / Lancaster New Era; May 8, 2012
by P.J. Reilly
The Next Generation Farmer Loan Program run in Lancaster and Chester counties over the past 12 years will hit a milestone Wednesday.
One of four loans the Lancaster County commissioners are expected to consider for approval at their meeting Wednesday will be the 100th awarded to […]
