Welcome to Northeastern Economic Development Company (NEDCO), the leading 504 loan company in PA. Explore how our low-interest, low-money-down SBA 504 loans empower Pennsylvania businesses to achieve their growth dreams. Contact us at 570.457.6726 or email help@nedcocdc.com to learn more.
Empowering Your Business Success with SBA 504 loans in PA
Are you a small business owner in Pennsylvania seeking the smartest way to finance your business dreams? Look no further! Northeastern Economic Development Company (NEDCO) is here to support you with our SBA 504 loan program. Our non-profit organization is dedicated to driving economic growth in the region, and we do this by providing access to capital for fixed-asset projects through the SBA 504 loan program.
Understanding the SBA 504 Loan Program
Are you a small business owner in Pennsylvania seeking the smartest way to finance your business dreams? Look no further! Northeastern Economic Development Company (NEDCO) is here to support you with our SBA 504 loans in PA. Our non-profit organization is dedicated to driving economic growth in the region, and we do this by providing access to capital for fixed-asset projects through the SBA 504 loan program.
Benefits for Borrowers
Our SBA 504 loan offers a range of benefits for borrowers, making it a smart choice for financing your growth projects. With lower down payment requirements, low fixed interest rates, long-term financing, and no balloon payments, you can preserve your capital and enjoy improved cash flow. Additionally, the favorable loan terms and reduced costs ensure that your business can flourish without unnecessary financial burden.
Benefits for Lenders
The advantages of the SBA 504 loan extend to lenders as well. By participating in the program, lenders benefit from reduced risk through the SBA guarantee, gain access to new markets, and contribute to a positive community impact. The attractive loan structure and competitive yields make it an appealing option for lenders looking to diversify their portfolios.
Success Story: Ertley Kia Automobile Dealership of Moosic, PA
To illustrate the impact of our SBA-backed loan program, let's take a look at the success story of the Ertley Kia Automobile Dealership in Moosic, PA. As a small business operating in a competitive industry, Ertley Dealership needed to invest in an expanded floor plan to accommodate its growing inventory of Kia automobiles. NEDCO stepped in with a $1.2 million SBA loan guarantee, enabling Ertley Dealership to secure the necessary funds for their expansion project. Today, Ertley Dealership is thriving, thanks to the support they received from NEDCO.
Contact NEDCO Today!
At Northeastern Economic Development Company, we are passionate about empowering Pennsylvania businesses and fostering economic growth in the region. If you are looking for the best way to finance your growth projects, our SBA 504 loan program is the answer. Take the first step towards achieving your business dreams by contacting us today at 570.457.6726 or email help@nedcocdc.com. Our team of experts is ready to assist you in every step of the loan process.
Discover more about our services, eligibility requirements, and success stories on our website. Visit us at [https://nedcocdc.com/] to explore more and learn how NEDCO can help your business thrive.
Remember, with NEDCO's SBA 504 loans in PA, your dreams are within reach!
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