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HEDCO Inc.

Listed
Direct business lender for term loans and business lines of creditHartford, ConnecticutConnecticut; nonprofit fund limited to listed Greater Hartford towns
BBLL 000360Listed Oct 2026From public recordsLast checked Oct 31, 2026
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About

HEDCO provides Connecticut business financing and support, including a dedicated Greater Hartford nonprofit revolving fund. Its currently linked program pages are dated 2022, so confirm quoted rates and available funds before applying.

Direct business lender. Directly funds business financing; products and terms depend on the lender.

This entry starts from public records. The lender fills in the rest when it claims the entry, which is free.

What they lend

Term loansBusiness lines of creditStartup fundingWorking capital loans
General small business
From the lender's own site and public records.

A second look at HEDCO Inc.

HEDCO provides Connecticut business financing and support, including a dedicated Greater Hartford nonprofit revolving fund. Its currently linked program pages are dated 2022, so confirm quoted rates and available funds before applying.

HEDCO, Inc. is a nonprofit organization providing direct business loans and assistance.

Published by Levr, not by HEDCO Inc.. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked October 31, 2026.

Visit the official provider website →

Programs and published requirements

Compare the specific program and legal funding entity on your offer. Advertised limits and minimums do not guarantee eligibility or your price.

Business term loans and lines of credit

Published size
Up to $500,000.
Published structure
One to five-year terms, with amortization potentially up to ten years.
Applicants
Startups and established small businesses are welcomed.
Pricing qualification
The linked page lists 4%–6% interest; this dated schedule requires a current offer confirmation.

Provider sources: HEDCO Loans · HEDCO overview

Non-Profit Revolving Loan Fund

Amount and term
Up to $100,000; term loans up to 48 months or a renewable two-year credit line.
Published rate
The program page lists 4% fixed; confirm current funding and terms.
Eligibility
Eligible Greater Hartford 501(c)(3) organizations with at least three years of operations, good standing and current tax filings.

Provider sources: Nonprofit fund

When it may fit

Our assessment of the published programs

  • Connecticut businesses seeking community financing and business support.
  • Established nonprofits within the listed Greater Hartford towns.

What to weigh carefully

  • A longer amortization than maturity can leave a balance due at maturity.
  • Program funding and application volume affect response times.

Questions before you accept an offer

  1. Are these published rates and programs currently available?
  2. Will my proposed payment schedule leave a balloon balance?

Ask for written terms. Compare net cash received, total repayment, fees, payment timing and early-payoff costs for the same financing need.

Prepare your comparison

Use the same questions and figures for each offer you receive.

Alternatives to research

These are options for a related financing need, not a ranking or a claim of equivalent eligibility or pricing.

Community Economic Development Fund

CEDF offers Connecticut business and nonprofit financing.

Community Investment Corporation

CIC offers SBA lending and microloans in Connecticut.

The lender

Type
Direct business lender
Legal name
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Founded
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Charter
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Headquarters
Hartford, Connecticut
Service area
Connecticut; nonprofit fund limited to listed Greater Hartford towns
Meets in person
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Languages
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Program approvals
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Also lends to consumers
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Website
hedcoinc.com
LinkedIn
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Loan officers at this lender

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