Seedco Financial in Louisiana

Seedco Financial and its parent organization, Seedco, have had a strong presence in Louisiana for more than 15 years, designing and implementing community economic development and homeownership projects. Since April 2006, Seedco Financial has increased its activities in Louisiana and now has offices in three core communities to support its work: New Orleans, Rural Southeast Louisiana, and Baton Rouge. Our total investment in the state of Louisiana totals nearly $20 million in grants and loans to small businesses in Southeast Louisiana, and a $5 million New Markets Tax Credit investment in Baton Rouge.

Seedco Financial Lending Products

Anchor Loans that generate investment, stimulate economic development, and create jobs in low-income communities through loans exceeding $1.5 million. Typically, Seedco Financial attempts to coordinate Anchor loans with New Markets Tax Credit allocations and other economic development financial mechanisms for large-scale projects with a minimum size of $1 million.
Mid-level commercial and facilities development undertaken by nonprofit community-based lending organizations, human services faith- and community-based organizations, and non- and for-profit real estate developers to benefit our targeted low-income communities and their residents. Seedco Financial offers loans in amounts ranging from $200,000 to $1.5 million.
Small business lending products for businesses suffering from a lack of access to affordable capital or that do not qualify for traditional sources of lending and are located in target low-income communities. Seedco Financial offers financing to small businesses in amounts of $25,000 to $200,000.
Micro businesses that are disconnected from mainstream financing and typically, locally-owned with few employees. Loans to micro businesses are up to $25,000.