Catalyst Connection and Bridgeway Capital have partnered together to create the Manufacturing Growth Cooperative Fund, or MaGC Fund.  This is a unique program that makes working capital funding available to manufacturers in Allegheny County only.  Many of the barriers and restrictions of similar loans have been removed or reduced to make it easier for the applicant to receive funds.  Some of the benefits of MaGC Fund include:

• Full loan funding on a single application
• Match funding not required
• Quick turnaround time
• Job creation not required
• Competitive rate

The MaGC Fund has two products available: the MaGC Capital Fund loans money for working capital between $100,000 and $250,000.  The MaGC Express Fund is available for smaller working capital loans between $35,000 and $100,000.

Bridgeway Capital, located in Pittsburgh, PA, provides capital and education opportunities to entrepreneurs and small businesses to increase jobs and ignite economic growth across western Pennsylvania.

Catalyst Connection, also located in Pittsburgh, PA, provides support and resources to small- and medium-sized manufacturers in southwestern Pennsylvania.  In addition to training and consulting offerings, Catalyst Connection provides a full range of financial resources including loans and assistance applying for federal and state funding.

Click here to view and print the MaGC Loan Application.