• REDI Fund – Permanent, low interest financing for land, building, equipment, and associated installation costs for start-ups or businesses that are expanding or relocating.

    SBA 504 – Long-term, lower-cost, fixed-rate financing on fixed asset purchases (land, building, and equipment) to small for-profit businesses.

    MicroLOAN SD – Working capital, equipment, real estate and other fixed asset project costs for small enterprises, such as main street and retail operations.  Interest rate is 3%.

    Workforce Development Training – Up to 50% ($1,000 max) matching grant for training expenses.

    For more information, click here.

    SEDC is an equal opportunity provider, employer and lender.