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Lending
The UII strategy here has been to
provide rapid financial assistance to companies in areas not generally
provided for by other programs. Our "micro lending" program
offers companies low interest loans up to $50,000 that are made with very
little red tape and fairly wide discretion. This type of loan is typically
used to secure a new piece of equipment or as a bridge loan for larger
projects. Often, it is the seed capital needed to stimulate growth.
Currently
we have no funds availabl e for lending, but if you have financial needs
within the City for property or equipment, give us a call. There are a
variety of resources available and we would be happy to point you in the
right direction.
For more information
on this service, please contact Steve Jurash: 215.683.2030, steve.jurash@phila.gov |