News

LVEDC Briefs

Published Tuesday, April 2, 2013
by LVEDC
Lehigh Valley
BY THE NUMBERS

323

Record-setting registration for the 2013 LVEDC Annual Investors’ Meeting which was held March 28 at Hotel Bethlehem.

Money to lend

Thanks to state loans which boast a great 1.5% interest rate, there’s never been a better time to expand or improve your business.

Last December, the Pennsylvania Department of Community and Economic Development (DCED) reduced prevailing interest rates to the lowest points in history. The DCED also substantially reduced the commitment fees associated with many of their programs.

LVEDC Vice President of Finance John Kingsley hopes local businesses take advantage of these great offers.

“With the reduction of interest rates and new accommodations within the programs, there has absolutely never been a better time to finance your business’s expansion in the Lehigh Valley,” Kingsley says.

The Pennsylvania DCED will vote Wednesday to establish a new interest rate for the second quarter.

For more information, please contact John Kingsley at 610.266.0887 or at jkingsley@lehighvalley.org.

Envision Lehigh Valley

sets public meetings

The grant-funded Envision Lehigh Valley will release the findings and community feedback from public meetings conducted during 2012 later this week. Envision Lehigh Valley’s outreach efforts during this final phase of the project focused on four areas – affordable housing, economic development, fresh food access and energy. Two research methods – focus groups and self administered surveys – were used to gather the information.
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LVEDC seeks
director of finance

We're seeking an experienced lending professional to develop and execute a business development plan for LVEDC’s economic development financing programs and to provide senior relationship management services to clients of LVEDC's Finance Department. For additional information contact Jean Mateff at jmateff@lehighvalley.org or at 610.266.6633.

Tags:business outreach program, Economic data, financing programs