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Industrial Revenue Bonds

PURPOSE Benefits manufacturing companies by providing low cost capital for land, acquisition, construction, and renovation of facilities and equipment. The Schuylkill County Industrial Development Authority was created to provide a vehicle for securing tax exempt financing through private sector sources.…

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Opportunity Fund

PURPOSE Provides grant funds to companies or on behalf of companies that will create or preserve jobs within the Commonwealth. The program is intended to deal with significant projects that offer substantial economic impact either for the Commonwealth as a…

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Job Creation Tax Credit

Provides a $1,000 tax credit/job to approved businesses that agree to create or preserve new jobs in the Commonwealth within three years. A business must agree to create at least 25 new jobs or new jobs equaling at least 20%…

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Industrial Site Reuse Program

PURPOSE Provide low-interest loans and grants for environmental assessments and remediation of former industrial land. ELIGIBLE USES Phase I, II, III, environmental assessments and remediation of hazardous substances. Eligible Applicants Public and private economic development entities, private companies and real…

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MetroAction

MetroAction is a non-profit community development organization dedicated to providing small business loans and business development assistance throughout northeastern Pennsylvania (NEPA). MetroAction’s lending, training and recognition programs are helping small businesses in northeastern Pennsylvania build the strength and independence that…

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SBA 7A Loans

The SBA 7A Loan Program includes financial help for businesses with special requirements. The 7(a) Loan Program is the U.S. Small Business Association’s primary program for helping start-up and existing small businesses with financing guaranteed for a variety of general…

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MELF

The Machinery and Equipment Loan Fund offers low-interest financing for industrial entities. The funds may be used for the acquisition and installation of new or used machinery and equipment or to upgrade existing machinery and equipment. FOR MORE INFORMATION MELF Incentive

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Small Business First

PURPOSE Benefits agricultural enterprises, industrial, manufacturing, export service enterprises, mining enterprises, advanced technology and the hospitality industry. Small Business First (SBF) provides financing to small businesses that requires creative financial assistance. These funds are available to companies with fewer than…

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