Since 1983, Rappahannock Economic Development Corporation (REDCO) has been committed to sustaining the growth, development and expansion of small businesses throughout Virginia. As a non-profit commercial lender, REDCO is certified through the Small Business Administration to participate in the 504 Loan Program (SBA Grow Loan). Our program provides commercial real estate and long-term equipment financing to small businesses, offering low down payment and very favorable 20-year fixed rates to help your business grow. REDCO's mission is to promote economic development and growth of the small business community throughout the entire state of Virginia. Through long-term, low down payment, fixed rate financing, REDCO supports small business growth and promotes job creation and retention, thus providing a positive economic impact within our community. REDCO is proud to be an expert in the SBA 504 Program. Our knowledge and expertise, coupled with our expedited closing ability (SBA ASM status) provides for a faster and more efficient financing process for our small business clients and bank partners.