Pennsylvania Economic Development Financing Authority (PEDFA) Taxable Bond Program
Overview
Taxable bonds, may be used to finance land, building, equipment, working capital and refinancings.
Uses
- land and building acquisition
- building renovation and new construction
- machinery and equipment acquisition and installation
- designated infrastructure
- refinancing
- working capital
Eligibility
All types of businesses and projects needing access to low-cost capital
Funding
- Loans no less than $400,000
- Up to 100 percent of project costs
Terms
Terms may be negotiated based on the project. Interest rates are based on market conditions.. A $500 fee due at time of application is to be credited against the issuance fee when the project closes.
How to Apply
Industrial Development Authorities and Corporations