NEPA Alliance Waives Fees and Offers 1% Small Business Loans


NEPA – In order to help businesses retain or expand employment, meet market opportunities, and attract additional investment; the Northeastern Pennsylvania Alliance has made changes / additions to its Business Loan Programs:

  • Reduced the interest rate on its ARC Revolving Loan Program to 1%, which is a fixed rate;
  • Waived the origination and service fee; and
  • Rolled out the SBA 504 Loan Program.  The interest rates are near historical low levels on this program.

In addition to these program amendments, NEPA notes the following:

  • The interest rates on other additional NEPA Business Loan Programs remain very attractive ranging from 2.75% to 4% fixed.
  • The PA Department of Community & Economic Development has also reduced the interest rate on several of its business financing programs including:
  • Small Business First Loan Program – The interest rate has been reduced to 1.5% fixed.   NEPA administers the Small Business First Program in Northeastern Pennsylvania.
  • PA-DCED has also lowered the interest rates on its Pollution Prevention Program and Export Financing Program to 1.5%.


To learn more about NEPA loan programs, please contact Dave Nat ( or Paul Macknosky ( at 570-655-5581 or 866-758-1929.