NEPA Covid-19 response
NEPA Alliance is working with regional small businesses and
non-profits during the continued uncertainty surrounding Coronavirus (COVID-19).
In cooperation with state and federal agencies, NEPA is offering loan assistance programs to businesses and non-profits. Information on the assistance programs and the Coronavirus can be found on NEPA's COVID-19 Response site and the Spanish translated site NEPA COVID-19 Recursos en Español.
NEPA is partnering with federal and state agencies to ensure small businesses and non-profits in the Commonwealth of Pennsylvania have available resources accessible to them through the coronavirus crisis. This includes help with the U.S. Small Business Administration low-interest federal disaster loan program for working capital to small businesses suffering substantial economic injury as a result of the Coronavirus. In addition, NEPA also has numerous business loan programs that offer low fixed interest rates to businesses in the seven county region of Northeastern Pennsylvania.
For the latest information, please contact NEPA at 866-758-1929 or visit NEPA's COVID-19 Response site. Information is continually changing, and the assistance programs that are being offered may change. NEPA will continue to evaluate all available options to best serve the Northeastern Pennsylvania business community.
Business Finance News
NEPA Alliance has several loan programs available for small businesses located in Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill and Wayne counties.
The low cost, low interest loans offer reduced down payments and standard loan term maturities for machinery and equipment, land and building acquisition, construction and renovation. Loan rates are fixed and generally below the prime lending rate.
Eligible businesses include Manufacturers, Industrial, Agriculture/Agribusiness, Hospitality & Tourism Related Enterprises, Recyclers, Day Cares, Computer Related Services, Advanced Technology, and Retail and Service Related Businesses. Other business sectors may also qualify.
To learn more about these loan programs, contact Stephen Ursich, Dave Nat, Ken Doolittle or Donovan Klem at 570-655-5581 or 866-758-1929.
NEPA Alliance Business Finance Corporation is a state-wide CDC allowing for NEPA BFC to lend SBA 504 Loans to eligible small businesses located in the state of Pennsylvania.