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West Virginia Economic Development Authority logo

West Virginia Economic Development Authority

Listed
Direct business lender for term loans and commercial real estate loansCharleston, West VirginiaBased in West Virginia; service area not yet provided
BBLL 000713Listed Nov 2026From public recordsLast checked Nov 1, 2026

About

West Virginia Economic Development Authority provides fixed-asset project lending and credit enhancements for qualifying West Virginia businesses.

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

ManufacturingTechnology
From the lender's own site and public records.

A second look at West Virginia Economic Development Authority

West Virginia Economic Development Authority provides fixed-asset project lending and credit enhancements for qualifying West Virginia businesses.

Public development finance authority providing direct loan participations and separate loan-insurance programs.

Published by Levr, not by West Virginia Economic Development Authority. This is a source-based profile and editorial assessment, not customer reviews or a promise of approval. Sources checked November 1, 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.

Direct lending

Projects
Fixed assets for creditworthy manufacturing, distribution, technology services and other targeted businesses supporting West Virginia jobs.
Property financing
The program page describes up to 45% WVEDA participation in eligible property costs alongside a lender, with at least 10% borrower equity.
Equipment
Affixed machinery and specialized equipment have different participation and equity requirements; rolling stock is excluded.
Excluded uses
This direct program does not fund working capital, inventory or existing-debt refinancing.

Provider sources: Direct lending official source · Direct lending official source

When it may fit

Our assessment of the published programs

  • Qualifying West Virginia businesses undertaking job-supporting fixed-asset projects.

What to weigh carefully

  • Official sources conflict on amount range: the program page says $150,000–$10 million, while more recent official articles advertise different minimums and up to $15 million; confirm the current range.
  • Funding is described as a takeout after project completion, so interim financing and guarantees may be required.

Questions before you accept an offer

  1. What current loan ceiling and participation tier apply?
  2. What interim finance, equity, job commitments and guarantees are needed?

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.

City National Bank of West Virginia

City National Bank of West Virginia offers a local commercial bank route.

Wyoming County Economic Development Authority

Wyoming County Economic Development Authority offers another West Virginia development-finance comparison; confirm service area.

The lender

Type
Direct business lender
Legal name
Not yet provided Add it
Founded
1962
Charter
Not yet provided Add it
Headquarters
Charleston, West Virginia
Service area
Based in West Virginia; service area not yet provided
Meets in person
Not yet provided Add it
Languages
Not yet provided Add it
Program approvals
Not yet provided Add it
Also lends to consumers
Not yet provided Add it
Website
eda.wv.gov
LinkedIn
Not yet provided Add it

Loan officers at this lender

No loan officers listed yet. Work here? Claim your profile.

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