MEDC
Updated 995 days ago
- Age: 52 years
- ID: 17405155/123
757 N Broadway, Suite 600, Milwaukee WI 53202
MEDC was founded in 1971 as a non-stock, not for profit lender serving the City of Milwaukee. MEDC leverages funding from private and public sources to finance projects or businesses in hard-to-serve or underserved markets. Throughout the years MEDC has expanded its service area to include the seven surrounding counties of Milwaukee, Kenosha, Racine, Ozaukee, Walworth, Waukesha and Washington, referred to in the aggregate as the "Milwaukee 7 Region"...
In addition to being a 501c3, MEDC is a Community Development Financial Institution, Community Development Entity, SBA Community Advantage Lender, EDA Economic Adjustment Assistance RLF Operator, Community Development Block Grant Operator and administers three State of Wisconsin funded Venture Debt programs...
MEDC has provided responsible, affordable lending to businesses for 50 years, financing to over 1,225 businesses, providing nearly $500 million in loans, with almost $2 billion in total project costs.