Although
Helping kids get education is on of the many successful lending projects directed by EDIF. This December the non-profit organization assisted funding a tutoring program in upstate New York. Iglesia Education Centers just opened two additional learning centers, creating 40 new teachers positions and a space for more then 300 kids to advance their education.
The Economic Development Investment Fund (EDIF) is a Sarasota based independent non-profit organization established to provide lending programs and technical assistance to small businesses. The organization uses government/foundation grants to help hardworking business owners soar. ‘When money is not available through our government partnerships, we do our best to find private investors for each project approved by our team’ says Brian Caswell, EDIF Founder and President. Only 33 years old, the ex-Bank of America top treasury manager is firmly decided to bring positive change in underserved communities across America. His team’s mission: bridge the gap between the need of working capital and bank’s slow recovery after the credit crunch. ‘Helping companies grow, create jobs and increase revenues will ultimately help our economy as a whole’ says Brian Caswell. ‘Iglesia Educational Centers is a perfect example of the businesses EDIF is ready to fund and support’.
Established in 1996, Iglesia Services Incorporated is the largest urban tutoring company in Upstate New York, fifth largest in the United States. The learning centers employ over 250 professional tutors and serve a large number of city and suburban students. Open 7 days a week, the centers offer help in many subjects including ELA, Mathematics, Hard Sciences (Chemistry, Physics, Biology, Earth Science), Languages (ESOL, Spanish, French), History, Global Studies, SAT, ACT and GED preparation. Students can enroll in after school tutoring and academic support, summer camps or adult learning.
‘The key to creating more jobs in our communities is to support successful businesses like Iglesia Learning Centers’ Say Mr. Caswell. The two new centers to open will hire immediately 17 new staff members and will create 21 additional positions early next year.
‘Working the EDIF was a very easy straightforward process. The organization consulted us on a Friday and approved the loan on the following Monday. The money was wired into our bank account by the end of that same week. No bank would’ve been able to help us in such an efficient and fast way’ says Mrs. Karen Iglesia, school’s Founder and CEO.
The two new school facilities will be working with 300 new kids and have opened right before the Christmas Holidays.
The Economic Development Investment Fund (EDIF) is a Sarasota based independent non-profit organization established to provide lending programs and technical assistance to small businesses. The organization was established in 2008 to address the ongoing economic uncertainty and provide hardworking business owners with viable lending programs.
EDIF is an innovative financial solution for businesses lacking capital in the current recessive economy. Unique in its programs, EDIF provides the following services:
(1) As a Technical Assistance Provider of the U.S. Small Business Administration (SBA), EDIF acts as a consultant and assists deserving businesses to receive SBA Loans;
(2) EDIF is a City State Partner of the Ex-Im Bank of the United States and can effectively guide a company to operate finances and increase its export products;
(3) EDIF offers private, independent loans to businesses looking to expand and need investment capital.
EDIF represents a civic and business leadership responsible for creating long-term economic vitality in our communities; the organization facilitates recovery though small business funding.
