The Latino Economic Development Center (LEDC), a local small business lender, is a new CLEER lender!
LEDC has offices in Wheaton and has served the Montgomery County market for over eight years. During this time, LEDC has provided over 300 loans to small businesses in Montgomery County. LEDC is a certified Community Development Financial Institution and Small Business Administration Community Advantage and Micro-Loan Intermediary lender.
LEDC joined onto CLEER to help promote energy savings to its small business customers and to offer another lending option for CLEER throughout the county. LEDC will focus predominately on loans under $75,000. Rates for LEDC start at 6.5% and LEDC will go out to 10 years depending on the useful life of the energy savings measure. The contact information for LEDC is:
Susana Gomez Portugal
“The Latino Economic Development Corporation is excited about supporting property and business owners in Montgomery County to undertake energy performance improvements and to gain the operating and environmental benefits that come with these improvements. Through our extensive work with small businesses, we know that finding operating expense savings are key to long-term business success.” Rodrigo Cordon – Latino Economic Development Corporation