Northeastern Pennsylvania Alliance has several federal and state loan programs available for small businesses in Carbon, Lackawanna, Luzerne, Monroe, Pike, Schuylkill and Wayne counties.

The interest rates are fixed ranging from 1 to 4 percent. Small businesses can receive subordinate financing, 50 percent funding or $200,000, whichever is less.These low cost loans offer lower down payments and standard loan term maturities for machinery and equipment, land and building acquisition, construction and renovation.Eligible businesses include manufacturers, industrial, agriculture/agribusiness, hospitality and tourism, related enterprises, recyclers, day care, computer related services, advanced technology, retail and service related businesses. Many other business sectors may also qualify.To learn more, contact Dave Nat or Steve Ursich at 570-655-5581 or 866-758-1929.