The Cumberland Area Economic Development Corporation (CAEDC) helps businesses grow and succeed in one of the fastest-growing counties in Pennsylvania. If you’re considering launching or relocating your business to Cumberland County, CAEDC can help with custom financing options.
CAEDC has assisted 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.
Application Process
Once CAEDC and the partner have decided to pursue a particular program, CAEDC:
- Assists with application and offers connections for supporting documentation help.
- Submits application to appropriate program administrative office.
- Identifies legislators and other stakeholders (see Government Relations below).
After an award has been secured, CAEDC manages the drawdown of funds, monitors loan or grant compliance, and executes audit requirements.
Scroll down for additional resources.
Financing Programs
There are a variety of loan programs available for a range of uses and projects. Below are a few examples of internal and state loan programs that can support your business. Each program has its own uses and economic development loans usually require job creation. Please get in touch with staff for the best way to determine which program will fit your needs.
Contact UsFinancing Programs
Uses
Land, buildings, refinancing, machinery and equipment
Real estate, machinery and equipment
Land, buildings, machinery and equipment, refinancing
Land, buildings, machinery and equipment, working capital
Land, buildings, machinery and equipment, working capital
Phase I, II & III environmental assessment and remediation costs on PA brownfields and/or previously utilized buildings
Land and building acquisition, site and leasehold improvements, building renovation, new construction, machinery and equipment
