Benefits of LVEDC’s Financing Programs to Borrowers
LVEDC’s financial programs offer numerous benefits to Borrowers. They include:
- Long-term, fixed-rate low- cost financing (interest rates as low as 2 percent, terms generally from 10 to 20 years)
- Reduced equity required by the borrower (as little as 10 percent)
- Our team of experts will guide you through the application process and answer your questions throughout the process.
- Our programs generate fee income that is reinvested in community economic development, benefiting all businesses in the Lehigh Valley.
- We will help identify all financial resources available in the Lehigh Valley, whether we administer the program or not.