Economic Development Center of St. Charles County - St. Charles
636-441-6880
www.edcscc.com
504 Loan Program
Long-term, 20-year fixed interest rate loans to finance land, buildings, machinery and equipment. $125,000 minimum, no maximum.
Industrial Revenue Bonds
Low interest rate, low-cost loans for construction, purchase remodel and expand existing facilities, including equipment. Minimum $3 million; maximum $10 million.
Mini-Bonds
Same as industrial revenue bonds with reduced feeds and below market interest rates. Minimum $500,000, maximum $3 million.
Revolving Loan Fund
Financing of equipment, machinery and working capital to start up and existing businesses. Minimum $5,000, maximum $50,000
Business Development Fund
Higher risk loans to and investments in smaller companies that show significant potential for success but lack the ability to attract growth capital from traditional sources. Minimum $20,000, maximum $200,000.