Advantages

RED wants you to know Wheeling has many advantages that companies notice once they take a closer look.

Low cost operations
Minimize your expenses
Save on time, effort and infrastructure
Reduce capital costs
Increase efficiency
Reduce labor costs
Great quality of life

RED Programs

Regional Economic Development Partnership has a staff which will work to coordinate your project financing. Current loan programs we specifically administer are:

SBA 504 Loan Program:

Up to $2 million per project ($4 million for manufacturing)
SBA will finance up to 40% of the total project
2nd position behind other lender
Take-out financing
Available statewide

Revolving Loan Fund (RLF):

Serving Ohio and Marshall counties
Up to $165,000 per loan
Shared first lien position
$35,000 per job created
Manufacturing companies eligible

For more information, please contact Brian Komorowski, Finance Manager, at 304-232-7722.