We’re opening the year with an incredibly busy season in loan activity. Here’s a look at some of the highlights of 2019 that are informing the year to come.
We kicked off 2019 with our most popular Seedcopa success story ever. Was it this yummy photo or iSwich Gourmet’s fixed-rate loan that got it so much attention?Our blog “Top 3 Misconceptions on SBA Loans” earned an “amen” from our partner lenders and some major “aha” moments from borrowers.In May, we announced the launch of SeedcoDE, a one-stop resource for Delaware businesses that want to start or expand, but may not qualify for conventional loans.Our borrower Matt Jesson, of Green Lawn Fertilizing, was named SBA Entrepreneurial Success of the Year.By summer, the Seedcopa team gleefully announced that the SBA 504 loan program’s 20-year fixed rate had dipped below 4% for borrowers for the first time ever!September brought news that Seedcopa borrower STUMP won “Best of Philly.”Seedcopa’s Marie Shires made a splash when her article “Why Fewer Women Are Applying for Business Loans” was published in PA Bankers Magazine.SeedcoDE shared tips on Delaware small business loans at one of the largest networking events in the state, the Delaware Networking Station.Who could forget the day Fox Business called and asked to broadcast live from Seedcopa borrower ONExia?In October, we joined the SBA in honoring 2019 Emerging Leaders in Eastern Pennsylvania.$2.2 Million in PIDA loans were approved in Chester County & Berks County through Seedcopa.Throughout the year, we partnered with the U.S. Small Business Administration and the region’s top economic development specialists to hold financing round tables and workshops.