Business Loans

We empower your business to reach its goals with a solid financing package.

Businesses anywhere in the state can start or expand with low-interest loans from our Business Finance Department. Loans have fixed rates, long terms, and low down-payments, which helps with cash flow. Plus, we partner with banks to spread the risk.

With our variety of financing options, our staff can help you find one that’s right for you, and we work with you each step of the way. You hold the reins and we guide the process at your pace.

Since 1981, SEDA-COG has provided over 900 loans in excess of $220 million and contributed to the creation or retention of over 11,000 jobs.


  • Loan amounts: $25,000 to $5 million. Qualified borrowers can secure up to 50% of the financing they need, depending on the program. The rest may be provided by area banks, company equity, or other private financing. Our loans supplement private financing; we don’t replace it.
  • Loan uses: Asset acquisition – land, capital expenditures, machinery, buildings, and equipment. Loans for working capital are available on a limited basis.  Refinancing real estate debt may also be available.

Loan Programs

Contact Us

For more information and the current loan rates, contact us via the form below.