News

SBA 504 loans for dental practices:

A case study and step-by-step guide. View This Article

Published on October 1st, 2015|

Fox Meadows Creamery and Refreshing Mountain Complete Projects

Save the Date!
Please mark your calendars! EDC and EDC Finance Corporation will be hosting their Annual Meeting on Tuesday, September 22, 2015 from 7:30 – 9:00AM at the DoubleTree Resort, 2400 Willow Street Pike, Lancaster. Registration information and program details will be available this summer.

 

EDC Finance Corporation Impacts Northern Lancaster County
Two recent projects funded by EDC […]

Published on June 1st, 2015|

Brick Gables Open For Business

 

Another project supported by EDC Finance is now open for business. Brick Gables, a Lititz-area wedding and event venue, combines two existing Lancaster County businesses — Country Home Catering and Zig’s Bakery, both of which are operating out of the new facility.

EDC Finance Corporation and the U.S. Small Business Administration approved a $1,302,000 SBA 504 […]

Published on June 1st, 2015|

The Sportsman’s Shop and QBP Tackle Major Projects

EDC Finance Supports New Holland Business Expansion
The Sportsman’s Shop, a New Holland based retailer for outdoor enthusiasts, purchased the former Blue Ball Lanes building located at 1214 Main Street, Blue Ball in late 2014. The early part of 2015 has been spent retrofitting the former bowling alley. The renovated space will feature a large retail […]

Published on June 1st, 2015|

Spring House Brewing Expands in Lancaster City

 

Brewery Expands with Help from EDC Finance
Brothers Greg and Matt Keasey, owners of Conestoga based Spring House Brewing Company, are in the throes of renovating their new building located at 209 Hazel Street in downtown Lancaster. Once renovations are complete, the formerly vacant warehouse will support the additional brewing capacity that is needed for continued business […]

Published on June 1st, 2015|

EDC Finance Named Certified Development Company of the Year

US Small Business Administration Lauds the Success of EDC Finance
The U.S. Small Business Administration’s Philadelphia District Office recognized EDC Finance Corporation as its Certified Development Company (CDC) of the Year on Friday, Dec. 5 at the organization’s annual membership meeting. The award, presented by the District’s Lead Economic Development Specialist Don Jefferson, recognized EDC Finance Corporation […]

Published on June 1st, 2015|

Central PA Lender Match Set for November 12th

EDC Finance will participate in a regional event designed to assist small businesses (existing and start-up) to identify financing solutions. The Lender Match, set for Wednesday, November 12 from 10am – 2pm, will be held at the Dixon University Administration Building in Harrisburg. Nearly 30 lenders are scheduled to be in attendance.

At the event, lenders […]

Published on June 1st, 2015|

EDC Finance leads region in SBA 504 approvals

EDC Finance ranked first out of nine organizations in the SBA Philadelphia District for SBA 504 loan volume during the period of October 1, 2013 through the end of August. With 23 loans approved totaling nearly $23 million, EDC Finance nearly doubled the volume of the second ranked organization. Lyle Hosler, EDC’s Director of Finance, […]

Published on June 1st, 2015|

Wyndridge Farm is brewing York County’s first and only crafty cider

York County residents Steve and Julie Groff are converting Wyndridge Farm from their personal residence into a premiere event venue and York County’s first cidery. The Groff’s mutual interest in hospitality helped bring about the transformation of the farm, including extensive construction to existing structures and establishing the cidery.

The “crafty cider” produced at Wyndridge Farm […]

Published on June 1st, 2015|

SBA Announces Changes to 504 Loans

Effective April 21, 2014, two new rule changes will go into place for SBA 504 borrowers that will help with qualification and eligibility. SBA will be eliminating the Personal Resources Test for all SBA 504 borrowers. In the past, certain borrowers whose liquid assets exceeded the size of their current economic development project were required […]

Published on June 1st, 2015|