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.
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SEDC is an equal opportunity provider, employer and lender.