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Update on the SBA 504 debt refinance loan program

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 […]

Published on June 1st, 2015|

Ingham’s Powder Coating completes business relocation and expansion in West Cocalico Township

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 […]

Published on June 1st, 2015|

Hunger-n-Thirst opens in Lancaster, project funded with an SBA 504 loan

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 […]

Published on June 1st, 2015|

EDC Finance Announces Regional Partnerships with Adams & Cumberland Counties

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 […]

Published on June 1st, 2015|

EDC Finance Announces Updates

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 […]

Published on June 1st, 2015|

Flex-Cell Precision is Moving On Up

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 […]

Published on June 1st, 2015|

Owner Plans $7M Expansion Project at Intercourse Village Inn

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 […]

Published on June 1st, 2015|

Neff Family to Open Hunger-N-Thirst

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 […]

Published on June 1st, 2015|

New Partnership Creates Countless Opportunities for York County Businesses

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 […]

Published on June 1st, 2015|

Farmer Loan Program Milestone

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 […]

Published on June 1st, 2015|