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Welcome to WEDCorp.org Thursday, May 17, 2012

Financing

WEDCO
32 Commercial Street, Suite1
Honesdale, PA 18431
570-253-5334
Fax 570-253-0818

Making a good plan better … state and federal financing programs are designed meet a variety of needs to support your growth and expansion plans. Low-cost financing programs are available provided you have a solid business plan and viable market. Most programs require 10% equity and are tied to total number of jobs created or retained within three years. Eligibility is often determined by business type. However, rates are significantly lower than market rates and are guaranteed for approximately 7 to 15 years. Please allow 90 to 180 days from the time an application is complete to receipt of funds.

WEDCO’s staff will work with appropriate agencies and economic development professionals to determine the programs that fit your needs and your eligibility, and assist with the application process. We will match financing incentives with companies relocating to Wayne County. And we will help local companies put their expansion plans into motion. Browse through the programs below, and contact WEDCO for more information.

For a summary of our most commonly used financing programs, download WEDCO’s Financial Guide.

Case studies

Bond Financing
Grants
Loan
Loan Guarantee
Tax Credits & Abatements
Technical Assistance
Workforce Development

Case Studies

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Wayne County - Located along Pennsylvania’s I-84 Corridor. A northeast location with lower costs, growing labor force, and excellent highway access.
With I-81 and I-380 just minutes away, New York, New Jersey, and the New England markets are easily reached in 2 to 3 hours.