Think You Know What the Top Scam of 2023 Was? Take a Guess.

Every day people report to the FTC the scams they spot. Every year, the FTC shares the information we collect in a data book which tells a story about the top scams people tell us about – so we can all spot and avoid them.

Philadelphia Industrial Report 23Q4

Vacancy continued to rise for the fourth consecutive quarter, driven by a surplus of new construction outpacing demand. New project completions reached a low point, with just under 1.6 million square feet finished in Q4— a significant drop from the previous quarter's 9.3 million square feet. Projects under construction also hit their lowest since the pandemic shutdown.

SCORE Mentors: Serving Entrepreneurs in Bucks, Montgomery Counties

SCORE Bucks County is a local chapter of a national nonprofit organization focused on providing low- or no-cost mentoring services to business owners and entrepreneurs throughout the life of their business. The chapter’s 60 volunteer mentors provide invaluable guidance to Bucks County entrepreneurs, as well as those in the eastern portion of Montgomery County, from Willow Grove to Blue Bell.

PA Catalyst Loan Fund and Diverse Business Financing Initiative

Have you heard? BCEDC has two loan programs that may assist your small business in Bucks County.

PA Catalyst Loan Fund

Borrowers must be for-profit businesses or farms with less than 500 employees at the time of application. The maximum amount to borrow – up to $500,000.

BCEDC, a Certified Economic Development Organization can Administer Funds on Behalf of the State

The PIDA Board has made financing available to qualifying Pennsylvania small businesses at a 5.00% rate fixed for the term of the loan. Adjustable rates are also available. These rates are good for completed loan applications received through March 31, 2024. Eligible applicants include:

Lotus Growth Properties LLC Purchased the Langhorne Carpet Company at 201 W Lincoln Avenue, Penndel

The Darlington Team, Steve Darlington, Jesse Darlington and Marcia Hill listed and sold the real estate and business.

The 50,000 +/- square foot building on approximately 4.6 acres will be available to a single user or multiple users depending on their space requirements with a minimum square footage of at least 10,000 square foot. The property may be available for acquisition by a user.

Antheil Maslow & MacMinn, LLP Welcomes Janel Clause

Antheil Maslow & MacMinn, LLP is pleased to announce that Janel Clause has joined the firm’s Business & Corporate practice group. Ms. Clause concentrates her practice primarily in business and corporate law, serving as a valued partner to owners and key leadership of closely held businesses in a variety of commercial and real estate transactions. 

Meet one of BCEDC newest Members!

Tom Dowling, VP, Pursuit Lending is a Seasoned Business Lending Professional Specializing in Business Acquisitions, Start-Ups, Expansions and Access to Capital for Growing Businesses. Tom works with companies and individuals to recognize how different loan programs can help them grow their businesses.

Private Company Pulse Survey

You're invited to participate in the Kreischer Miller 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 Friday, March 29.

Abstract One LLC

Abstract One, LLC, based in Bucks County, Pennsylvania is a licensed title insurance agent in Pennsylvania, New Jersey, Maryland and Florida. The company is owned and operated by Andrew Salvucci, Esq., an attorney and resident of Bucks County PA. Mr. Salvucci has been in the title business for over twenty years and has personally closed thousands of real estate transactions over his career. Abstract One LLC handles both residential and commercial real estate transactions.