The Federal Reserve's recent interest rate cut, along with predictions of more cuts by year-end, may lead you to believe that 2025 will bring smooth sailing. However, this view is worth a closer look. While inflation has eased, we're still emerging from a period of high inflation that has pushed most prices significantly higher [...]
Let’s debunk some common myths about the Washington County IMPACT Loan Fund. Wait. Pump the brakes. What is the Washington County IMPACT Loan Fund?? EDWC administers the IMPACT loan fund, which provides low-cost financing primarily to existing companies growing or relocating their businesses in Washington County. Our funds are readily available in amounts $100,000 – [...]
For fast-growing Washington County businesses or businesses looking to relocate to Washington County, a loan from the Washington County Impact Revolving Loan Fund (RLF) may be the key to getting your financing deal across the finish line. We're answering common questions about how this subordinate financing program works. What is EDWC’s subordinate financing program? Loans [...]
Capitalize on Opportunity Offered by Changed Lending Landscape You need only grab a beer with fellow business leaders or get a haircut at the local barber to find yourself amid buzz on how the lending environment is becoming more challenging to navigate…tightening credit requirements, cautious bankers, and continued upward pressure on interest rates. This felt [...]
EDWC recently facilitated financing through the Washington County Impact Revolving Loan Fund to help Norse Building Products improve employee safety and increase manufacturing efficiency. Businesses in Washington County often turn to EDWC when looking to build a new facility, add onto an existing building, or re-locate to and outfit a building in Washington County. Usually [...]
EDWC recently worked closely with Kurt Kappeler, CFO, on structuring the financing for MOTIS Brands, Inc.’s new manufacturing center in Germantown. The facility will support the accelerated growth of MOTIS and several of its Brands. The new facility, located in the Germantown Gateway Corporate Park, should be ready for occupancy in Spring 2023, and the [...]
EDWC recently leveraged the Washington County Impact RLF program to assist with financing the build-out of the only commercial space located within The District development in West Bend. The residential complex, located at the corner of Main Street and Washington Avenue, will house in its commercial space the second location for 1840 Brewing Company. The [...]
In our previous articles about the Washington County Revolving Loan fund (RLF), we have mentioned that EDWC acts as the administering agent for the RLF. Let's break down exactly what that means. Our relationship with area businesses begins as an information resource. We field inquiries about the RLF and work with businesses to understand whether [...]
In 2019, we worked collaboratively with Rock Machinery, LLC to secure financing to re-locate their facility from Saukville to Allenton, WI. Ready for more growth, Rock Machinery sought EDWC's assistance to fund construction of a 10,000 sq. ft. “cold storage” warehouse on the site of Rock Machinery’s Allenton headquarters. This building will create space to [...]
Have our past two articles on Revolving Loan Funds piqued your interest? Perhaps you are now asking yourself, “How can my business use a RLF loan?” A key aspect of this funding option is its flexibility. A loan from a Revolving Loan Fund (RLF) can be used by businesses from a variety of industries [...]
