The Destination E-town Loan Fund is exclusively available to EACC members and is designed to help family businesses, social enterprises and small-to-mid-size businesses strengthen their businesses, and attract and retain employees and businesses to Elizabethtown.
As part of a continued investment in economic development, the EACC partnered with the Elizabethtown Area Library and Elizabethtown College to submit a grant request to the Lancaster County Community Foundation’s BB&T Economic Growth Fund program. Our project, “Destination Etown, ” was selected to receive funding designed to stimulate economic growth in the Elizabethtown Area.
The grant is designed to help strengthen family businesses, social enterprises and small-to-mid-size companies. This is an excellent opportunity for our members who are eligible to apply for revolving loan funds; engage with the Elizabethtown College Social Enterprise Institute and High Family Business Center in facilitated peer groups and best practices programming; and create business development projects and studies that engage College students and faculty.
- Interest rate of *Prime minus 1*, fixed rate at the time of signing, set by using WSJ prime numbers.
- Individual loan amount up to $7,000
- Grow or sustain your business with:
- Purchase of furniture or fixtures
- Purchase of machinery or equipment
- Operational expenses
- Employee recruitment
- Renovations of buildings
- Working capital
- Purchase of inventory or supplies
- Easy credit check process
Not an EACC member? You can apply too if you join!