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South Eastern Development Foundation — Business Loan

The South Eastern Development Foundation is a business loan from South Eastern Development Foundation. The ongoing APR is Fixed 4.75% to 9% (3.50%/3.75% for solid waste loans). Typical credit limit: $20,000 to $250,000. Loan terms: Amortization up to 20 years (land/buildings), 7 years working capital, 5 years inventory; 5-year balloon. The SEDF Business Revolving Loan Fund provides affordable financial assistance to individuals and businesses that lack the initial capital required to expand or start a business. It is the goal of SEDF to assist with job creation and retention in the region.

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