Financial Assistance
 
 
 
Financing Programs
504 Loan Program
Long term, 20 year fixed interest rate loans to finance land, building, machinery and equipment.
Minimum/Maximum: $125,000/none
Industrial Revenue Bonds
Low interest rates, low cost loans for construction, purchase remodel and expand existing facilities, including equipment.
Minimum/Maximum: $3,000,000/$10,000,000
"Mini-Bonds"
Same as larger bond program but "Mini-Bonds" have reduced fees and below market interest rates.
Minimum/Maximum: $500,000/$3,000,000
Revolving Loan Fund
Financing of equipment, machinery and working capital to start up and existing businesses.
Minimum/Maximum: $5,000/$50,000
Venture Capital Loan Programs
Business Development Fund
Higher risk loans to, and investments in, smaller companies that show significant potential for success but lack the ability to attract growth capital from traditional sources
Minimum/Maximum: $20,000/$200,000
Economic Development Center
5988 Mid Rivers Mall Dr. Suite 100, St. Charles, MO 63304
Phone: 636.441.6880, Toll Free: (877) 441-6880, Fax: 636.441.6881
E-mail: info@edcscc.com

Advanced Technology Center
118 N. Second Street St. Charles, MO 63301
Phone: 636.410.0300, Fax: 636.940.0408
E-mail: info@edcscc.com
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2-day 504 approval - (79.17K PDF)
504 Loan Rates (20-Year Term)
March 2007 - 6.15%
April 2007 - 6.23%
May 2007 - 6.22%
June 2007 - 6.6%
July 2007 - 6.7%
August 2007 - 6.75%
Sept. 2007 - 6.47%
Oct. 2007 - 6.48%
Nov. 2007 - 6.42%
Dec. 2007 - 6.2%
Jan. 2008 - 6.08%
Feb. 2008 - 6.07%
March 2008 - 6.4%
April 2008 - 6.28%
St. Louis Region's Lastest 504 Lender
Fixed asset financing
Minimum project: $125,000
10- or 20-year fixed interest rates
Typical 50/40/10 split: bank, SBA, borrower
SBA's largest 504 lender in St. Louis region
When time is money, count on EDC Small Business Finance
Call toll-free 1-877-441-6880 ext. 235