Sunshine State Economic Development Corporation Employee Directory

BankingFlorida, United States11-50 Employees

Sunshine State Economic Development Corporation (SEDCO) operates as a not-for-profit certified development corporation licensed by the U.S. Small Business Administration to administer the SBA 504 Loan Program. The organization arose from the merger of Gulfcoast Business Finance and Tampa Economic Development Corporation, two long-established CDCs that served different Florida markets, and it is headquartered in Clearwater, serving the entire state.

Through the SBA 504 program, SEDCO provides small businesses with long-term financing to purchase fixed assets such as real estate, buildings, and equipment, offering long-term fixed rates and down payments as low as 10%. Beyond financing, the organization supplies alternative financial resources, sound financial guidance, and business acumen to help expanding small enterprises operate profitably. Within the banking sector, SEDCO functions as a specialized development finance entity focused on enabling asset acquisitions for Florida businesses.

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