REDEC & REDEC Relending Corporation Loan Eligibility

REDEC Revolving Loan Program

The REDEC Revolving Loan Program is for for-profit businesses located in Chemung, Schuyler, and Steuben Counties. Preference will be given to manufacturing and industrial projects where opportunities for employment are greatest; and tourism related businesses, which will increase the tax base.

REDEC Relending Corporation Micro-Loan Program

Eligible businesses shall include small manufacturers, tourism-based businesses and other industries in Chemung, Schuyler and Steuben Counties which tend to import dollars into the region by selling goods and/or services to outside concerns.

REDEC Relending Corporation Short-Term Financing

The REDEC Relending Corporation Short-Term Financing Program is intended to assist for-profit existing businesses located in Chemung, Schuyler and Steuben Counties. Preference will be given to manufacturing and industrial projects.

The REDEC Relending Corporation SBA Micro Loan Program

The REDEC Relending Corporation SBA Micro Loan Program is intended to provide low cost loans to eligible businesses located in Chemung, Schuyler, Steuben and Tioga Counties.

 

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This is an Equal Opportunity Program.
USDA is an equal opportunity provider, employer and lender.”  To file a complaint of discrimination, write USDA, Director, Office of Civil Rights, 1400 Independence Avenue, SW., Washington, D.C.  20250-9410, or call (800) 795-3272 (voice), or (202) 720-6382 (TDD).”

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