MaGC Express Fund

Identifying and implementing state-of-the-art technology is essential to growing your company, enhancing productivity and quality, remaining competitive and improving the bottom line.

The MaGC Express Fund is available only from Catalyst Connection and Bridgeway Capital. It has been designed to help small to mid-size manufacturers in Allegheny County obtain 100% of the financial assistance you need to purchase technology and related costs.

Manufacturers in Allegheny County

$35,000 - $100,000

Equipment, software/hardware, or working capital, Training and Catalyst Connection Engagements

Up to 7 years

6% Fixed

$250 non-refundable application fee, credited to origination fee at closing
1% of loan amount origination fee (may be financed)
1% of loan amount closing fee which covers all credit, lien search and other reports, attorney's fees, filing/recording fees and other out-of-pocket closing costs. (may be financed)

The MaGC Capital Fund requires your company to submit these documents with your loan application:

• Business and management history, capabilities and personal resumes
• A three year history of business financial statements, tax returns, accounts receivable and accounts payable
• Interim financial statements that are not more than 90 days old
• Income statement projections and cash flow projections for at least one year
• Personal financial statements and tax returns
• Loan related project description and anticipated benefits
• A complete itemization of project costs

For any questions, contact Art Tintori, Director of Financial Services at (412) 918-4221.

Click here to view and print the MaGC Fund Application

For loans greater than $100,000, go to the MaGC Capital Fund