Seedcopa’s Top 10 Moments & Look Ahead to 2020

What does 2020 hold for local businesses who need loans to start, grow or expand?

Seedcopa is an affiliate of CCEDC that structures loan packages for local businesses so they can take advantage of below-market interest rates, lower down payments and longer repayment terms. Managing Director Sherwood Robbins reports a significant increase in loan activity as 2020 kicks off, with local businesses displaying strong economic confidence despite an increase in new labor costs.

The first month of the new year continues a trend of low interest rates for SBA 504 loans, with the 25-year rate at 3.71%, which is well below historic lows.

Seedcopa is taking note of the following top 10 moments from 2019 that are informing the lending year to come:

  1. The year kicked off with Seedcopa’s most popular success story ever. The debate continues on whether it was the delectable photo or the fixed-rate loan that got it so much attention.
  2. Seedcopa’s blog “Top 3 Misconceptions on SBA Loans”earned an “amen” from partner lenders and some major “aha” moments from borrowers.
  3. In May, Seedcopa announced the launch of SeedcoDE, a one-stop resource for Delaware businessesthat want to start or expand, but may not qualify for conventional loans.
  4. Seedcopa borrower Matt Jesson, of Green Lawn Fertilizing, was named SBA Entrepreneurial Success of the Year.
  5. By summer of 2019, the Seedcopa team announced that the SBA 504 loan program’s 20-year fixed rate had dipped below 4%for borrowers for the first time ever.
  6. September brought news that Seedcopa borrower STUMP won “Best of Philly.”
  7. Seedcopa’s Marie Shires made a splash when her article “Why Fewer Women Are Applying for Business Loans”was published in PA Bankers Magazine.
  8. Last fall, SeedcoDE shared tips on Delaware small business loansat one of the largest networking events in the state, the Delaware Networking Station.
  9. In October, Seedcopa joined the SBA in honoring 2019 Emerging Leadersin Eastern Pennsylvania.
  10. $2.2 Million in PIDA loans were approvedin Chester County & Berks County through Seedcopa.

For more information on the types of business loans available through CCEDC and Seedcopa, click here.

To be alerted to new business loan interest rates right after their released, sign up for Seedcopa’s #RateTracker by emailing

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