South Eastern Development Foundation

South Eastern Development Foundation Photo

500 N. Western Avenue, Suite 100
Sioux Falls, SD 57104
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Category: East River, Community

SEDF was created to stimulate economic development through the creation of a regional revolving loan (RLF) fund for residents of Clay, Lincoln, McCook, Minnehaha, Turner and Union counties.  The RLF serves as a lending partner with banks and other financial institutions in the region.  SEDF’s typical loans range from $20,000 - $150,000 with generally 3-5 jobs per loan.  The loan from the REED Fund is for recapitalization of this loan fund.