JANUARY 2024

THE BOTTOM LINE

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SCORE Bucks County Joins Launch of Regional Business Workshops Program

‘One SCORE’ will provide greater business education access to entrepreneurs.

SCORE, the national nonprofit organization committed to providing mentoring and guidance throughout the life of a business, is taking a comprehensive approach to keeping entrepreneurs and small business owners informed.

NOTEWORTHY NEWS

Bucks County Workforce & Economic Development Video

The mission of the Bucks County Workforce and Economic Development (WED) Department is to promote, drive and ensure an effective workforce in the county aligned with economic development. WED partners with numerous agencies to meet both employers’ needs for skilled workers and workers’ career and economic advancement. 

NOTEWORTHY NEWS

Bucks2040: Building Our Future, Together

We are proud to present the draft Bucks2040 Vision Plan, the initial document of Bucks2040, Building Our Future Together, comprehensive plan. At its November 1, 2023, meeting, the Bucks County Planning Commission (BCPC) board motioned to officially begin the 45-day review process, as required by PaMPC Section 302(a.1.).

SPOTLIGHT ON BUCKS BUSINESS

Airmid Wellness—Your Path to Being Well!

Airmid Wellness is a Wholistic Health and Wellness Center providing classes, workshops, and talk therapy for individuals, businesses, and groups in-person and online.

During therapeutic practices, therapists integrate Eastern and Western philosophies and a range of traditional counseling and wellness therapies unique to each individual.

FINANCIAL TOOLBOX

PIDA and Catalyst Loan Rates

PIDA Loans rates valid until 3/31/2024

PIDA loans are available to manufacturers, wholesale/distributors, or for office projects in which the PIDA-funded office will be the national or regional headquarters for the occupying company. PIDA projects are typically owner-occupied, although developers may apply for investment properties under certain circumstances. Mercantile, commercial and retail projects are ineligible.  

FINANCIAL TOOLBOX

Latest 504 Interest Rates as of January 2024

 504 Rates  504 Refi Rates 

 10 year term: as low as 6.54%

20 year term: as low as 6.43$%

25 year term: as low as 6.37%

10 year term: as low as 6.57%

20 year term: as low as 6.45%

25 year term: as low as 6.39% 

MEMBERSHIP CORNER

SCORE Mentor Helps Bookkeeper Become Her Own Boss

After working for 15 years as a staff accountant and bookkeeper, Lea Rankin realized what had been holding her back from business ownership: Her own insecurity.

In April, Rankin took the plunge, launching her Doylestown-based business, Rankin Bookkeeping Solutions, and has since lost count of how many clients she has onboarded.

MEMBERSHIP CORNER

Meridian Bank Ranked Top SBA Lender

Meridian Bank (Nasdaq: MRBK) has been ranked a top lender in the Small Business Administration’s Eastern Pennsylvania District.

Meridian Bank placed first in dollar volume and third in the total number of SBA 7(a) loans in the most recent SBA fiscal year 2023 (10/1/2022-9/30/2023).

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