Incentives and Financing
Greater Reading Economic Partnership operates under a single principle—helping businesses grow and succeed in our community. Using our existing connections and available resources, we can connect you to exclusive financing opportunities to fund your business’s next project. From loans to grants to tax credits and training dollars, Greater Reading Economic Partnership is fully equipped to get you connected to the right resources to turn your vision into action.
GREP can connect you with financial resources including:
- Loans for land acquisition, building construction, machinery and equipment, and working capital
- Grants for customized job training
- Tax credits for job creation
- Tax incentives for job creation and investments in targeted geographic locations
Commonwealth of Pennsylvania Loan and Interest Rates
The interest rates below are an example of the available financing through the Commonwealth of Pennsylvania – additional financing options are available.
|Real Estate||4.00% (15 year)
3.00% (7 year)
|Working Capital & Accounts Receivable lines of credit||4.00%||1/2017|
|Pollution Prevention & Energy Efficiency||2.00%||1/2017|
Loan and interest rates are subject to change. Commonwealth of PA loans are administered by the Greater Berks Development Fund.