| |
|
PIDC offers a variety of loan programs, largely funded by federal, state and local government sources. Although specific terms and conditions vary, most loan programs offer subordinated financing and below-market rates that are intended to encourage investment in Philadelphia. Use of loan funds is determined by the source and may include real estate acquisition, construction, or machinery/equipment purchase. PIDC loan funds are usually leveraged with private debt and equity. For more information on our primary loan programs, please click below: PIDC Growth Loan
Program PIDC Loan Program staff is available to provide each client with customized assistance in economic feasibility analysis and in structuring of public funding. To explore PIDC Loan Program opportunities for your business or development project, please complete our pre-application questionnaire.
|