Financing

The Northeast CT Economic Alliance, Inc. is currently positioned to provide a economic development services in our 21-town service region:

NECEA Issued Loans

The Alliance currently provides business loans from three funding sources. Generally, individual loans range in size from $5,000 to $50,000... [more]

Loan Servicing

The Alliance owns two loan funds devoted to economic development activities and assists the Town of Windham in the management of a third loan fund... [more]

Loan Guarantees

The Northeast Alliance has the structure, flexibility, and risk tolerance to provide supplemental loans or guarantees to assist banks in approving loans... [more]

Financing Packages

We can help qualified businesses develop custom financing packages by partnering with the client’s bank, or working in conjunction with government entities... [more]

Equity Investments

In some specific instances we may feel it is appropriate to provide equity, or obtain an option on equity, in order to compensate for unusual risk. In keeping with our risk and liability profile we demand rates, at times, that are higher than banks.

Additional Services

The Alliance also engages in additional activities intended to provide reliable cash flow streams used to cover general and administrative expenses, including fund administration and development work for other organizational entities.