MANUFACTURING TECHNOLOGY LOAN FUND (MTLF)
OVERVIEW:
The MTLF is a private fund available only through Catalyst Connection that can help you finance capital improvements.

LOAN DETAILS:

Loan limit
Maximum $400,000

Application fee
$500, plus closing costs.

Collateral
Loans are secured by lien positions on the assets being financed, and the company guarantee. Additional personal guarantees and collateral may be required.

Term
Three to seven years, or the life of the asset, whichever is less.

Rate
Fixed at 4%.

MTLF requires your company to submit these documents with your loan application:
•Business and management histories, descriptions of business capabilities and personal resumes
•A three-year history of business financial statements, tax returns, accounts receivable/payable
•Interim financial statements no more than 90 days old
•Income statement projections and cash flow projections for at least one year
•Personal financial statements and tax returns
•Loan-related project descriptions and anticipated benefits
•Itemized project costs

FOR MORE INFORMATION:
MTLF Financial Programs Application

CONTACT US:
Ph: (724) 830-3061
Fx: (724) 830-3611

Show All Answers

1. MANUFACTURING TECHNOLOGY LOAN FUND (MTLF)
2. PENNSYLVANIA ECONOMIC DEVELOPMENT FINANCING AUTHORITY (PEDFA)
3. PENNSYLVANIA INDUSTRIAL DEVELOPMENT AUTHORITY (PIDA)
4. REVOLVING LOAN FUNDS (RLF)