Financing

Fay-Penn Economic Development Council works with Fayette County businesses to find the necessary financial support to ensure that they can thrive in this new economy.

Whether you’re a start-up, existing or new business in Fayette County, our Lending Specialist can work with you to decide if a Fay-Penn loan program suits your individual need.

Fay-Penn’s Revolving Loan program can lend from $10,000 – $750,000 pending qualifications. Click HERE to fill out the pre-application form.

Have questions? Email Loan Specialist Bryce Landman.

Fay-Penn Loan Programs

Fay-Cap Loan Fund

Designed to assist eligible businesses by funding capital expansion projects in fixed assets, such as new equipment and facilities.

Small Business Loan Fund

Designed to stimulate economic growth by providing financing to companies that would not otherwise have access to these resources.

Enterprise Loan Fund

Designed to encourage job growth in the private business sector in Fayette County’s designated Enterprise Zone. Eligible companies can request loans to assist supporting capital expansion projects involving fixed assets such as new equipment and facilities.

Tourism Revolving Loan Fund

Designed to assist in financing tourism-related projects that will assist in stimulation the maximizing tourism commerce in Fayette County, Pennsylvania.

Rural Microenterprise Assistance Program

Designed to expand financing to small businesses with 10 employees or less for microloans of $50,000 or less.