Advantages

RED Programs
Regional Economic Development Partnership has a staff which will work coordinate your project financing. Current loan programs we specifically administer are:

SBA 504 Loan Program:
Up to $2 million per project ($4 million for manufacturing)
SBA will finance up to 40% of the total project
2nd position behind other lender
Take-out financing
Available statewide

Revolving Loan Fund (RLF):
Serving Ohio and Marshall counties
Up to $165,000 per loan
Shared first lien position
$35,000 per job created
Manufacturing companies eligible

For more information, please contact Brian Komorowski, Finance Manager, at 304-232-7722.