PIDC staff will highlight two key products available for small businesses on commercial corridors through its Commercial Mortgage and Working Capital and Equipment Loans. Experts will be on hand to help participants understand the commercial lending process and share tips on planning for your commercial loan needs.
Commercial Mortgage: Designed to support small businesses and nonprofits that need financing to purchase buildings that they either currently occupy or intend to relocate to, these loans will be targeted to small businesses owned by minorities, women, immigrants, veterans, or other disadvantaged populations as well as nonprofits and businesses located in low income communities. More information can be found here: https://www.pidcphila.com/product/commercial-mortgage-loan
Working Capital & Equipment Loan: Supports small and midsize businesses and nonprofits that need term financing for working capital, equipment, or leasehold improvements to support their growth. More information can be found here: https://www.pidcphila.com/product/working-capital-equipment-loan