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BEDCO makes direct loans to small businesses and also participates with banks in business startups and expansions. BEDCO's lending often serves as near equity capital because the development corporation will frequently accept a second position on the collateral. The corporation is committed to building the region's many assets. These assets - human, institutional/social, cultural/historical, environmental, and financial - are viewed as the key to building a real competitive advantage for the region's communities and business enterprises.
As a corporation it seeks out innovative entrepreneurs, both within and outside the region who wish
to develop commerce and enterprise which is conducive to the development of the region's rich assets.
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