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  • Home
  • About CEDC
    • Board of Directors
    • Staff
    • Public Documents
    • Public Meetings
    • CEDC eNewsletters
    • Columbia County IDA
    • Columbia County CRC
    • Columbia County Land Bank Corporation
    • Strategic Initiatives
    • Contact Us
  • Grow Here
    • Financial Incentives
    • Local Financial Incentives
    • State Financial Incentives
    • Utility Financial Incentives
    • Loan Programs
    • Entrepreneur Resources Portal
    • Business Expansion and Retention Services
    • Microenterprise Grant Program
  • Locate Here
    • Strategic Advantages
    • Find a Site
    • Maps
    • Key Industries
    • Demographics
  • Live Here
    • Education
    • Recreation & Tourism
    • Health Services
    • Housing
    • Cultural Resources
    • Helpful Info
  • Membership
    • Membership Levels
    • Become a CEDC Member
    • Member Directory

Loan Programs

SBA Microloans

CEDC makes SBA Microloans to small, medium, and even large businesses. Funded by the U.S. Small Business Administration (SBA), all lending decisions are made locally. Microloans are available to for-profit businesses in both Columbia and Greene Counties. All Microloans come with free technical assistance from CEDC staff and consultants.

CEDC Revolving Loan Fund

CEDC maintains a revolving loan fund for start-up and expanding businesses that create jobs in Columbia County. Interest rates and terms are competitive. Businesses must meet lending criteria established by CEDC.

Capital Funding: Revenue Bonds

The Columbia County Industrial Development Agency (IDA) issues tax-exempt Industrial Revenue Bonds on behalf of companies that are acquiring or improving facilities. These bonds make it possible for smaller companies to get financing at the lower interest rates that FORTUNE 500 companies pay. A wide range of companies and projects are eligible for IDA financing, from factories to day care centers. However, IDA financing is appropriate for amounts from $1 million to $10 million, and our policy favors industrial enterprises.

Columbia Forward

With the support of the Columbia County Board of Supervisors, Columbia Economic Development Corporation (CEDC) and Columbia County Chamber of Commerce (CCCC) have partnered to implement and manage a three-year program that provides small businesses with support programs, including business loans and grants, technical assistance and training, in addition to assisting town government with economic development support. Visit www.columbiaforward.com.

 

Loan Policy Manual

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Contact Us

Columbia Economic Development Corporation

One Hudson City Centre, Suite 301

Hudson, N.Y. 12534

Phone: 518.828.4718

Connections

  • CEDC Board of Directors
  • CEDC Staff
  • Public Meetings
  • CEDC eNewsletters
  • CEDC Public Documents
  • Columbia County IDA
  • Columbia County CRC
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