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Strafford Economic Development Corporation

Strafford Economic Development Corporation

Amount
Varies
Deadline
Rolling
Odds
Not published
Effort
1 day
Can you get this?
Must be in the Strafford region
Project must create or retain local jobs
Finances real estate, working capital, equipment
Your real odds
No public approval rate exists, but as a mission-driven CDFI, SEDC specifically targets businesses that conventional lenders have passed over.
They position themselves as an alternative or complement to traditional bank financing, and as Northern New England's only SBA Community Advantage lender, they carry options most banks don't. If they can't fund you themselves, they will point you toward someone who can.
What it takes
Contact SEDC about financing needs1 day
Identify the right loan structure1 to 2 wks
Submit a formal loan application1 to 2 wks
Worth knowing
SEDC explicitly says they will help you find the most appropriate loan structure even if it ends up elsewhere, so reaching out early costs nothing and every consultation is free and confidential.
What else do you qualify for?
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This is 1 of 1,600+ open opportunities.

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