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Loans and
Financing |
In addition to funding projects through our own Revolving
Loan Funds, SEDC will locate sources of debt that are
cheaper or more appropriate than debt we can provide
ourselves. |
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Some examples of what these funds can be used
for:
Click on these links
to find out more
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Grants |
Occasionally, grants are offered to induce businesses to
pursue some beneficial purpose such as worker training or
energy conservation. |
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Equity |
SEDC strives to put its customers in touch with these
opportunities. SEDC will locate venture capital, debenture
financing, mezzanine financing and private investors when
debt is not appropriate to the goals of the business. |
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“Bridge” loans |
Sometimes, money just doesn’t move fast enough. SEDC will
provide short term loans to get a business through an
interim period until permanent funds arrive in many cases. |
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Credit
enhancements |
We will locate loan guarantees and loan insurance programs
that reduce risk for commercial lenders enough for them to
make commercial loans to the business. |
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Technical
assistance |
SEDC will provide information to businesses about
specialized public and private programs that may benefit
them
or guidance on how to increase their chances of getting
financing on their own. |
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