BCEDC Has a Few Options to Save You Money…

  1. As the local CEDO BCEDC that can offer your 2% interest rate for full term of the loan on land, building or equipment.
  2. By partnering with EMEX and the LLB group to secure the lowest electricity and gas rates that uses a Reverse Auction platform.

CALL TODAY to learn how to save MONEY! 215.348.9031

ACT NOW- 2% Fixed Rate Business Financing

The Pennsylvania Industrial Development Authority (PIDA) is pleased to announce that for a limited time, it is offering loans at a 2% interest rate, fixed for the full term of the loan to qualifying businesses.

Established in 1956, PIDA is a component unit of the PA Department of Community and Economic Development and provides low-interest loans and lines of credit through certified economic development organizations (CEDOs), like BCEDC, for eligible businesses that commit to creating and/or retaining jobs, as well as for the development of industrial parks and multi-tenant facilities. 

Eligible project costs through PIDA include:

  • land and building acquisition
  • construction and renovation
  • machinery and equipment acquisitions
  • working capital costs

Eligible businesses include:

  • manufacturing enterprises
  • industrial enterprises
  • agricultural processors and producers
  • hospitality enterprises
  • research and development enterprises
  • construction enterprises
  • computer-related service enterprises
  • child daycare enterprises
  • retail and service enterprises
  • developers

ACT NOW! To take advantage of this limited-time opportunity and to learn more about the program, Call your local CEDO professionals at BCEDC, Bob Cormack or Jim Pawlikowski, 215.348.9031.