Redec Relending Corp

Redec Relending Corp is a tax-exempt nonprofit organization based in Painted Post, New York, that has been registered to receive federal awards since March 2009. The organization serves as an intermediary lender under the Small Business Administration's (SBA) Microloan Program, providing critical financial and business development services to entrepreneurs and small business owners in underserved communities. Through its federal grant awards, Redec Relending Corp functions as a conduit for federal funding intended to support startup, newly established, and growing small businesses that lack access to traditional credit due to economic barriers or geographic disadvantages.

Redec Relending Corp has received consistent annual funding from the SBA's Office of Capital Access under the Microloan Program (CFDA #59.046) since at least 2021, with grant awards ranging from $104,793 to $203,844. The organization uses these grants to deliver a comprehensive suite of services including direct microloans capped at $50,000 to eligible small business concerns for working capital, inventory, supplies, furniture, fixtures, machinery, and equipment. In addition to lending services, Redec Relending Corp provides critical business training and technical assistance to prospective borrowers and active loan recipients, with a strategic focus on reaching women entrepreneurs, low-income individuals, and minority business owners who face systemic barriers to capital access. The grant awards received from July 2021 through June 2026 have enabled the organization to maintain continuous program operations and expand its reach within the local community, supporting economic development and entrepreneurial success in economically distressed areas.