ABOUT US
EAEDC is an Economic Development Corporation that provides financial support for its local community’s economic development by providing various lending products to small businesses. We assist with small sized loans to large sized loans up from $15K to $30MM.
EAEDC's products consist of Microloans (<$250K), Small Business Funds (<$350K), and Commercial Loan (up to $30MM) to small business owners. Additionally, EAEDC provides Technical Assistance Services including how to create Business Plans, Business Projections, Tax Return Filing Assistance Services, and Understanding of Cash Flow to entrepreneurs and small business owners.
MISSION
& VISION
EAEDC's main objective is to serve as a comprehensive financial service provider for entrepreneurs and small business owners, with the goal of increasing job creation and retention and stimulating the local tax base in financially underserved markets.
The most difficult challenge facing entrepreneurs and small business owners today is simply: THE NEED FOR CAPITAL. However, most small business owners are not familiar with navigating complex legal and financial documents which often translates to: NO ACCESS TO CAPITAL.
Executive Welcome
I’m Kwon H. Jung, the CEO of EAEDC. Our company is dedicated to providing financial support to entrepreneurs and small business owners, and we’re passionate about local economic development.
With almost 3 decades being in the finance industry, I have had the privilege of experiencing volatile economic changes to shape me to grow my expertise. Our team's expertise and commitment drive the success of small businesses forward, and we pride ourselves on supporting the local economy. Together, we are focused on delivering outstanding results and building meaningful relationships with our clients and partners.
We look forward to connecting with you and exploring how we can work together to achieve your financial goal.
Kwon H. Jung
CEO/President
