REDEC & REDEC Relending Corporation Loan Programs

REDEC Revolving Loan Program

The REDEC, REDEC Relending Corporation Revolving Loan Program provides "gap financing" to start-up and existing businesses located in Chemung, Schuyler and Steuben Counties. All loan applicants must demonstrate both a need for REDEC or REDEC Relending Corporation financing and that the project will provide a positive job impact.

REDEC Relending Corporation Micro-Loan Program

The REDEC Relending Corporation Micro-Loan Program is intended to provide low cost loans to eligible businesses located in Chemung, Schuyler and Steuben Counties. To be eligible, applicants must provide documentation showing that they are unable to secure an acceptable loan from commercial lending institutions.

REDEC Relending Corporation Short-Term Financing

The REDEC Relending Corporation Short-Term Financing Program is intended to to provide financing for existing businesses only. Applicants must demonstrate a need for funds to fill specific contracts/orders, or need short-term working capital.

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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