PIDA provides low-interest loans for businesses that commit to creating and retaining full-time jobs and for the development of industrial parks and multi-tenant facilities. Loan applications are packaged and underwritten by a network of certified economic development organizations (CEDOs) such as Bucks County Economic Development Corporation (BCEDC), that partner with PIDA to administer the loan program.
The loan rate announced for the first quarter of 2020:
PIDA-3% fixed for full term of loan; other options available.
Equipment-3% fixed full term of loan
Loan rates are valid for application submitted until 3/31/2020.
Conact BCEDC, 215.348.9031 for information on how we may assist you to move your business in the right direction.