EDC Loan Corporation (EDCLC) was established in 1986 as one of the Economic Development Corporation of Kansas City agencies whose efforts are to stimulate the health and growth of our economy. Since then, EDCLC has been a leading Certified Development Company in the SBA 504 industry.
Utilizing the Small Business Administration 504 Loans along with Revolving Loan Fund programs, EDCLC partners with Banks, business owners and other resources to provide quality lending options.
EDCLC supports small business in providing capital for growth and expansion in which otherwise could not obtain funding from traditional sources.
WHY THIS MATTERS
EDCLC is one of five strategic initiatives of the Economic Development Corporation of Kansas City, Missouri. While we oversee big, broad city-wide initiatives, it's just as important to us to champion individuals. People who work hard, day in and day out to make their dreams come true and to set examples for generations of hard-working Kansas Citians to come.
We believe everyone has great ideas, all across the city, but for too long, some local business owners have been left behind. This program is specifically designed to start changing that narrative by providing loans to those in our East Side neighborhoods, River Market neighborhoods and Columbus Park neighborhoods, who have previously been turned down by a financial institution. Click here to learn more about getting a loan.
OUR EDCLC BOARD MEMBERS
Terry Riley, chair
Ajamu Webster, secretary
T'Risa McCord, Economic Development Corporation