Champaign County Economic Development Corporation

Unconventional Financing

The Champaign County Regional Planning Commission (RPC) manages three unconventional lending sources that can help lower the cost of financing for your up front business expenses. These include the CDC, CDAP and CDBG. Please visit the RPC web site for more information.

The Eastern Illinois Economic Development Authority (EIEDA) offers bond financing for multiple business types up to $250 million. The issuance carries a special tax exemption for the purchaser of the bond thereby decreasing costs to issuer. Issuances over $1 million are necessary due to the nature of the costs.

The Illinois Finance Authority (IFA) is another option for Industrial Revenue Bonds.

SBA Small Business Loans Please contact the EDC or your local SBDC office at 217-359-6261 to learn more. The American Recovery and Reinvestment Act has funded this program to provide more loans with reduced fees and Microloans.

Made In Champaign County

Taylor Studios, Inc.

Founded in 1991, Taylor Studios, Inc. began as a mail-order business creating museum-quality artifacts, fossil reproductions, and exhibits for museums and other clients. Quickly recognized for the passion and expertise brought to each project, the company initially carved out a niche in the paleontology, archaeology, and natural history fields. Today, Taylor Studios is recognized as an industry leader in exhibit planning, design, fabrication, and installation, serving a diversity of clients throughout the country and internationally. Their 3D storytelling now reaches beyond natural history to cultural history, history walls, and immersive environments of all kinds. Read More »

Frasca International, Inc.

Frasca International manufactures flight simulators for all aircraft types, fixed and rotary wing, used for pilot training for airlines, flight schools, colleges and universities, military, law enforcement, air evac and commercial organizations. Since its founding in 1958, over 3,000 Frasca simulators have been delivered worldwide. Read More »

Made in Champaign County Archive »