Low Rate, Fixed Term and a Low Down Payment
The Cumberland Area Economic Development Corporation (CAEDC) helps businesses grow and succeed in the fastest growing county in Pennsylvania. If you’re considering launching or relocating your business to Cumberland County, CAEDC can help with custom financing options. CAEDC has helped a variety of expanding and start-up businesses bridge the gap between private investment and total project costs by offering low-interest rates, fixed terms and low down payments. Our loans can assist with the financing of real estate acquisition and construction, working capital and equipment purchases.
Check out our resource on what to know before applying for a small business loan. (Interest rates were updated 9/15/2021.)
Financing Program
Uses
Interest Rate
Land, buildings, refinancing, machinery and equipment
SBA 504 Success Story
25-year: 2.74%
20-year: 2.61%
10-year: 2.38%
Real estate, machinery and equipment
CSBF Success Story
2.50% – 3.50%
Real Estate, machinery and equipment
TILF Success Story
2.50% – 3.50%
Land, buildings, machinery and equipment, working capital
PIDA Success Story
15-year Fixed: 2.50%
10-year Fixed: 2.50%
7-year Fixed: 1.50%
5-year Fixed: 1.50%
Land, buildings, machinery and equipment, working capital
Real Estate: 2.25% for 7 years, 2.75% for 15 years; All Other: 2.00%-3.00%
Find Out More
Find out More
CAEDC is ready to help your Cumberland County business thrive.
For more information about CAEDC, contact us today.
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