PIDC
Manufacturing/Industrial Businesses
 
 
 
 
Who We Serve

Manufacturing/Industrial Businesses

For over 50 years, PIDC has been a champion of industry, providing financing and real estate resources for growth. For growing manufacturing, distribution, and warehousing companies, whatever your business makes, PIDC can help you make the most of it.

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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Neighborhood Development Loan

The Neighborhood Development Loan, provides affordable financing to fill funding gaps for developers of mixed-use, commercial and industrial projects located throughout Philadelphia’s neighborhoods.
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Subordinate Term Loan

Financing for experienced developers of commercial and industrial projects to fill a hole in the capital stack for a specific project.
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Welcome Fund (EB-5) Loan

Low-interest senior financing offered exclusively for large-scale, job-creating projects undertaken by strong governmental, corporate, or institutional entities.
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Bridge Loan

Bridge financing available to companies' projects that have been awarded a public grant and are in need of short-term financing.
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Tax Exempt Bond Program

Administered by PIDC, provides tax-exempt bond financing for capital projects or equipment lease/purchase by certain manufacturing or 501(c)(3) organizations.
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New Markets Tax Credits (NMTC)

A federal tax credit program designed to generate private-sector capital investment in low-income areas for projects that develop communities, stimulate economic growth, and create jobs.
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Tax Increment Financing (TIF)

An alternative financing tool that enables local taxing bodies to establish a district in a blighted area within which increases in taxes resulting from development of the district can be applied to project costs in the district or to project-related debt service.
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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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