We provide the flexible financing, knowledge, and access to resources that commercial businesses need to reach – and exceed – their business goals.
Philadelphia’s commercial business
Philadelphia's vibrant neighborhood businesses, commercial corridors, and commercial business districts are critically important to the economic gowth and development of the city. Home to thousands of small and midsize businesses ranging from professional services firms to startup technology companies, and from retailers to contractors, the vast majority of all PIDC loans are made to commercial business clients. These investments support the creation of new jobs while stablizing and revitalizing the communities where Philadelphians live and work.
We offer flexible capital in the form of senior or subordinate term loans to fund building acquisition, construction or renovation, equipment purchases, and working capital (including refinancing of higher interest debt). We also offer a line of credit program focused on small, minority, women, and disabled-owned businesses to fund contract receivables.
Contact
215.496.8020
info@pidcphila.com
Available Properties
The process for sale or leasing of individual locations differs for each property type. We invite you to search the available property listings below and contact PIDC to discuss your real estate needs.
See Available Property Listing
PRODUCTS
Working Capital & Equipment Loan
Supports small and midsize businesses and nonprofits that need term financing for working capital, equipment, or leasehold improvements to support their growth.
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Capital Project Loan
For businesses or non-profit organizations undertaking capital projects such as building acquisition, renovation, leasehold improvements or equipment that need additional subordinate financing to complete the project.
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Contract Line of Credit
Provides small, minority, women, and disabled-owned businesses a line of credit to fund contract-related working capital.
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Commercial Mortgage Loan
Designed to support small businesses and nonprofits that need financing to purchase buildings that they either
currently occupy or intend to relocate to, these loans will be targeted to small businesses owned by minorities, women,
immigrants, veterans, or other disadvantaged populations as well as nonprofits and businesses located in low income
communities.
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La Cucina at the Market
A Referral to Success
La Cucina at the Market is a nine year old demonstration kitchen business owned by, Anna Maria Florio, a Philadelphia native, chef, and culinary instructor who trained in the Campania region of Italy. La Cucina offers a unique, interactive culinary experience with a rotating schedule of themed classes.
"...To support this burgeoning sector, PIDC joined forces with the City of Philadelphia to announce a series of initiatives known as StartupPHL. PIDC made a $3 million investment that was matched by First Round Capital..."
-- , Real Food Works
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"...We needed an orgainization like PIDC to navigate us throughout the entire process…They gave us unconditional support...."
-- Kevin O'Brien, Founder and Creative Director, Kevin O'Brien Studio
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