EDC Finance ranked first out of nine organizations in the SBA Philadelphia District for SBA 504 loan volume during the period of October 1, 2013 through the end of August. With 23 loans approved totaling nearly $23 million, EDC Finance nearly doubled the volume of the second ranked organization. Lyle Hosler, EDC’s Director of Finance, cites the value of the SBA 504 product, the high customer service quality of EDC Finance’s staff and the strengthening of the organization’s regional partnerships as reasons behind the growth in volume. To learn more about SBA 504 loans, visit the EDC Finance website at www.edcfinancecorp.com
During the month of September, EDC Finance added an additional 504 approval to bring the full year total to 24.
EDC Finance Corporation
by Lyle Hosler