FINANCIAL TOOLBOX

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:

  • Manufacturing or Industrial Business
  • Hospitality Enterprise
  • Commercial & Service Enterprise
  • Child Day-Care
  • Agriculture Enterprise or Agriculture Producer
  • Service Enterprises located in Economically Distressed Areas

For more details or to discuss your project reach out to Jim, jjp@bedc.com or 484.352.4175.