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 in bridging 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.
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. You can give us a call at (717) 240-7180 or fill out a form.
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
Our Services
Thu
27C-PACE Seminar
February 27, 2025 · 1:00 PM - 3:00 PM
Hear from a capital provider on the Commercial Property Assessed Clean Energy (C-PACE) program, a financing tool that enables commercial property owners to fund energy efficiency upgrades, renewable energy installations,…
Thu
6Legislators’ Forum II – Senate
March 6, 2025 · 8:00 AM - 10:00 AM
Join the Harrisburg Regional Chamber & CREDC and event partners: Perry County and West Shore Chambers of Commerce, as our Members of the PA Senate serving Cumberland, Dauphin, and Perry…
Fri
7State of the County: Breakfast with the Commissioners
March 7, 2025 · 7:30 AM - 9:30 AM
Join us for breakfast while we hear from the Cumberland County Commissioners. They will update us on the economic environment and the key issues that affect the Cumberland County area….
Sat
15Social Media Marketing Basics
March 15, 2025 · 12:00 PM - 1:00 PM
Running a small business is difficult. With so many things to keep up with, marketing is just another task in an endless sea of responsibilities. Plus, advertising your business online…
Tue
1Mind Your Business: Hindsight is 20/20
April 1, 2025 · 10:00 AM - 12:00 PM
Join us for the next session in our “Mind Your Business” Educational Series titled Hindsight is 20/20: How to Plan For and Protect Your Business! In today’s fast-paced and often unpredictable…