504 Owner Occupied Real Estate and Large Fixed Equipment Loan Facts

What Projects Are Eligible For 504 Financing? Owner Occupied Real Estate and Large Fixed Equipment SBA 504 loans are the perfect tool for your clients who are looking to purchase, renovate or construct real estate for their business (must be 51% owner occupied), as well as large fixed equipment purchases.  … read more


Save the Date!  Thursday, June 29, 2017 4:00 PM – 6:00 PM New market-rate apartments being renovated downtown, weekend concerts at the Amp, the hip coffee shop that just opened their doors…unless you’ve been living under a rock, you’ve surely noticed all of the cool things happening in Warren. The … read more

MVEDC’s Fall Festival Golf Outing Scores Big (NEW: Photos!)

Over 75 golfers representing banks, local businesses and economic development agencies participated in the first MVEDC Fall Festival Golf Outing held on October 7, 2016 at Knoll Run Golf Course in Lowellville. Proceeds from the fundraising event are being used to establish a new business loan fund. A beautiful Northeast Ohio … read more

Financing Info Shared at Mahoning Valley Small Business Finance Workshop

Participants at the Mahoning Valley Small Business Finance Workshop, held on September 27, 2016 at MVEDC, listened to financing information provided by experts from MVEDC, the Small Business Administration and Talmer Bank. In addition to the finance panel, the attendees were given information on business taxes, bonding, the MBAC, the SBDC, the … read more

MVEDC Subscribes to the Borrower’s Bill of Rights

MVEDC has joined the Community Development Financial Institutions (CDFI) Fund and Community Lenders throughout the US who are pledging to uphold fair lending standards for their organizations by subscribing to the Borrower’s Bill of Rights. These standards include: The Right to Transparent Pricing and Terms The Right to Non-Abusive Products The Right to … read more

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