For Real estate loans financing eligible land and building costs, borrowers will have the following interest rate options: For term loans with a regular amortization;Fixed interest rate for the full term of the loan (up to a 15-yr. period), set at the current 10-year treasury yield + 100 basis points. Based on the current 10-year treasury yield, the fixed rate option is 2.5% for the life of the loan.Fixed interest rate for a seven (7) year period set at the 10-year treasury yield. After seven years, the rate will reset to the then-current 10-year treasury yield. Please note, the reset rate is limited to a 200 basis point increase/decrease. The reset rate is then fixed for the duration of the loan. Based o...
Bucks County businesses impacted by damages caused by Hurricane Ida, can find helpful information here: www.buckscounty.gov/1339/Hurricane-Ida-Updates. Also, please contact the borough or municipality where your business is located to report damage and concerns.
SEF has loans at an interest rate of 1% for renewable energy projects. Sustainable Energy Fund is able to provide loans at this rate thanks to Alternative Energy Compliance Payments from electric generation supplier defaults. This offer is for a limited time only and is for loans up to $100,000. Financing through this revolving loan fund is limited and funds will be disbursed on a first come first serve basis. ACP Loan Criteria and Requirements In order to qualify for this loan, your project must generate renewable energy and be registered with the Pennsylvania Public Utility Commission Alternative Energy Credit Program. Municipalities, nonprofits, and small businesses are eligible to apply. Loan Approval...
Attend a one-hour Zoom information session regarding the Goldman Sachs 10KSB program on September 9, 2021 at 11:00 AM. The session is FREE and so is the program. Invest in your business and take it to the next level. The free, 14-week program was designed by Babson College, the nation's top-ranked entrepreneurship school, and focuses on practical skills that small business owners can implement immediately to help grow their companies, increase revenue, and create jobs. The 8-to-10-hour weekly schedule includes out-of-class activities, assignments, networking events, and business clinics. All participants will create a customized growth plan for their business. We are looking to fill spots for Cohort 26, scheduled for mid-January. The d...
You're invited to participate in Kreischer Miller's semi-annual Center for Private Company Excellence Private Company Pulse Survey. This survey is intended to provide insight into the current sentiment of private company owners and executives, and the outlook for their businesses. The survey only takes about 5 minutes to complete and your participation would be greatly appreciated. Survey deadline is Tuesday, August 3rd. All information collected will remain completely confidential. Results will only be presented in aggregate form. Your company's identity and information will not be revealed in any publication or presentation of the survey results. If you'd like to receive a copy of the survey results once they are compiled, please provide ...
Save the date! Mark your calendars for an informative webinar on the Bucks County Tourism Grant Program on August 16, 2021 at 3:00 p.m. Click here to register. Visit Bucks County, in partnership with the County of Bucks, is accepting grant applications for the Bucks County Tourism Grant Program. Beginning in 2008 and funded through a percentage of the County's tax on lodging, the program aims to increase visitation from outside Bucks County resulting in economic impact and supporting jobs. In accordance with Act 18 of 2016, the Bucks County Tourism Grant Program provides grants for projects for tourism marketing, promotion, product development, enhancement of attractions, special events and festivals that drive overnight travel to Bucks Cou...
BCEDC 62nd Annual Reorganization Meeting & Dinner September 29, 2021 NEW LOCATION! Indoor & Outdoor Venue Northampton Valley Country Club 299 Richboro Road, Richboro, PA 18954 www.northamptonvalleycountryclub.com
The Rates for the 3rd Quarter of 2021 are: For Real Estate loans financing eligible land and building costs, borrowers will have the following interest rate options: For term loans with a regular amortization: Fixed interest rate for the full term: 2.5%Fixed interest rate for a seven (7) year period: 1.5% For Equipment loans: 2.5% fixed rate for the full term of the loan. Rates are in effect until September 30, 2021, Call TODAY for more information, Jim, 484.352.4175
With many businesses upended and rethinking sales and growth strategies because of the coronavirus pandemic and its impact, the Upper Bucks Chamber of Commerce is proud to announce a complimentary year-long membership to former Pennridge Chamber of Commerce members, available for the asking through July 31. A regional approach to business could be a successful first step to going global, according to a recent Harvard Business Review report https://hbr.org/2005/12/regional-strategies-for-global-leadership. "Business has changed dramatically. Regions are competing on a global scale with the advent of ecommerce. To have [the entirety] Upper Bucks represented regionally makes the most sense," said Steven Noll, former Pennridge Chamber of Commer...