From coffee shop to bottle shop, from disposable paint palettes to backflow testing, 2019 saw loan fund investments across the region in businesses both new and established. As a service to the regional business community and as a strong part of our economic development strategy, MCEDD manages several business loan programs that provide an accessible, affordable source of capital for projects that create or retain jobs. These loan funds can be used to contribute to the financing needed by a business to purchase or build new facilities, purchase equipment, or provide working capital. Through our business financing assistance MCEDD has made over 314 loans to businesses in the area with over $17.5 million loaned and the creation or retention of 2,200 jobs. Click here to read more about some of our loan clients from the past year.