The Washington County Local Development Corporation (WCLDC) is a not-for-profit corporation that was formed in 1985 to administer the county’s economic development programs. The goals of the organization are to create and retain jobs, strengthen the economy, and to increase the taxable value of real property.
The WCLDC, in concert with numerous public and private-sector agencies and organizations, as well as many local financial institutions, works to provide clients with free, confidential business development assistance.
The LDC operates 4 revolving loan fund programs. The 1st 2 focus on manufacturing facilities, the 3rd assists small business and the 4th was adopted to assist business ventures that are geared towards assisting with projects that enhance community. All funds stress new job creation and offer flexible terms and an attractive interest rate.