TRADITIONAL SEDCO LOAN APPLICATION PROCESS

Syracuse Economic Development Corporation (SEDCO) is a private not for profit local development corporation providing low cost, fixed asset financing for commercial businesses operating in the City of Syracuse. SEDCO loan proceeds may be used to finance a portion of the cost of the acquisition and rehabilitation of real property or purchases of machinery and equipment. Maximum loan amounts typically do not exceed $125,000.

In order for your project to be considered for SEDCO financing, please contact Eric Ennis, Executive Director at 315-427-5028 and review the SEDCO application for financing assistance for more information. Please note: This application is NOT for the COVID-19 Emergency Relief Program (below).

 

COVID-19 EMERGENCY RELIEF PROGRAM FOR SMALL BUSINESSES

The Syracuse Economic Development Corporation (SEDCO) has created a dedicated $500,000 fund to provide zero-percent interest, 180-day emergency loans to small businesses in the City. Please Note: SEDCO is no longer accepting applications for COVID-19 Emergency Relief at this time. Those seeking to apply for financial assistance from SEDCO can still do so through the traditional loan application and review process. The application can be found through the link identified above. Thank you for understanding.