The Del Norte Economic Development Corporation (DNEDC) is a non-profit corporation formed in 1976 and capitalized with a $1,500,000 grant from the Economic Delvelopment Administration, US Department of Commerce.                                

The mission of DNEDC is to foster an economic environment that promotes job generation and retention & community development by providing financing and support to innovative businesses and community development projects.

What we finance

DNEDC currently has loan funds available from the EDA and the USDA.  With their grant money our loan officer has more flexibility to work with borrowers to meet their needs.                                                    

We currently offer business loans from $5,000 to $250,000 for borrowers to use as start-up funds, expansion or working capital.   Our interest rates are often lower than what you would get through a traditional lender.  

As we move forward into the next few years we will be adding to our portfolio and expanding our available loan programs.