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Financial Assistance |
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Long term, 20 year fixed interest rate loans to finance land, building, machinery and equipment. Minimum/Maximum: $125,000/none |
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Low interest rates, low cost loans for construction, purchase remodel and expand existing facilities, including equipment. Minimum/Maximum: $3,000,000/$10,000,000 |
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Same as larger bond program but "Mini-Bonds" have reduced fees and below market interest rates. Minimum/Maximum: $500,000/$3,000,000 |
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Financing of equipment, machinery and working capital to start up and existing businesses. Minimum/Maximum: $5,000/$50,000 |
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Venture Capital Loan Programs |
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Higher risk loans to, and investments in, smaller companies that show significant potential for success but lack the ability to attract growth capital from traditional sources Minimum/Maximum: $20,000/$200,000 |
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Economic Development Center 5988 Mid Rivers Mall Dr. Suite 100, St. Charles, MO 63304 Phone: 636.441.6880, Toll Free: (877) 441-6880, Fax: 636.441.6881 E-mail: info@edcscc.com
Advanced Technology Center 118 N. Second Street St. Charles, MO 63301 Phone: 636.410.0300, Fax: 636.940.0408 E-mail: info@edcscc.com |
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| 504 Loan Rates (20-Year Term) |
| June 2007 - 6.6% |
| July 2007 - 6.7% |
| August 2007 - 6.75% |
| Sept. 2007 - 6.47% |
| Oct. 2007 - 6.48% |
| Nov. 2007 - 6.42% |
| Dec. 2007 - 6.2% |
| Jan. 2008 - 6.08% |
| Feb. 2008 - 6.07% |
| March 2008 - 6.4% |
| April 2008 - 6.28% |
| May 2008 - 6.4% |
| June 2008 - 6.59% |
| St. Louis Region's Lastest 504 Lender |
| Fixed asset financing |
| Minimum project: $125,000 |
| 10- or 20-year fixed interest rates |
| Typical 50/40/10 split: bank, SBA, borrower |
| SBA's largest 504 lender in St. Louis region |
| When time is money, count on EDC Small Business Finance |
| Call toll-free 1-877-441-6880 ext. 235 |
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