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DVREDF offers financing to a broad range of organizations and projects. Find out if your organization is eligible and take the next step towards partnering with DVREDF by filling out our pre-application.

Loan Pre-Application

DVREDF’s main objective is to provide financing of up to $500,000 to projects that have measurable economic development and/or job impact. Many types of projects can be funded, but we give additional consideration to projects that will clearly benefit distressed communities in the five-county Philadelphia region and/or provide economic opportunity to low-income individuals residing in the region.

DVREDF offers flexible loan terms. Loan terms can range from 1 to 10 years though repayment with 5 to 10 years is preferred. Interest rates are competive.

Borrowers can be commercial enterprises, non-profit organizations, or partnerships. DVREDF gives priority to proposals from established entities versus start-up enterprises.

Please submit the following Pre-Application for Project Financing as the first step in the loan application process. This Pre-Application will be reviewed promptly. We will contact you to let you know whether or not your request will advance to the full application stage. If so, we will provide access to the full application.

* Required

    Loan Pre-Application

    *If different from above

    Please provide a brief historical background of the organization (300 characters maximum)

    From all sources, according to the most recent audit or financial statement

    Most recent audit or financial statement

    Please provide a brief description of the project (300 characters maximum)

    Specific community/communities to benefit from Project

    Requested amount from DVREDF

    (200 characters maximum)

    Preliminary estimate of economic and/or job impact

    Other sources of financing for the project

    In months

    For information about the DVREDF back-to-business loan program, please check back in July. Details on partnership organizations and how to apply for loans will be shared at that time. Details on our other loan programs can be found on the Financing section of this website.