A Non-Profit Certified Small Business Development Company Offering LOW INTERERST Financing for Business in Louisiana
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Loan Programs: EDA/LED

EDA (Economic Development Administration)
LED (Louisiana Economic Development)

  • Asset purchases (land and buildings, machinery, equipment, furniture, fixtures)
  • Plant construction, expansion or leasehold improvements (some restrictions apply)
  • Inventory
  • Working capital and professional fees

 

EDA/LED Loan Advantages:

  • Loan amounts from $25,000 to $250,000
  • Fixed interest rates with five to fifteen year repayment terms, longer on real estate
  • Minimal equity requirements
  • Subordinate collateral positions acceptable


Regional Loan Corporation
3801 Canal Street
Suite 320
New Orleans, LA 70119
Tel: (504) 524-6172
Fax: (504) 524-0002

EDA/LED
Interest Rate
(as low as)

4.95%

10 years fixed**

 

 

 

** Terms may vary based on useful life of collateral.

Regional Loan Corporation 3801 Canal Street Suite 320 New Orleans, LA 70119 Tel: (504) 524-6172 Fax: (504) 524-0002

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