RDC Recommends $3 Million Viridi Business Loan
Erie County Industrial Development AgencyPublic Authority · Buffalo, NY- Disclosed value
- $3,000,000 loan; $15,000 commitment fee
- From agendapacket
- Document date
- Oct 28, 2026
- Renews
- Free account
The 30-second brief
RDC recommended a $3 million, 72-month business term loan for Viridi Parente & Subsidiaries Inc. The loan would fund working capital and inventory for battery energy-storage systems and carry a 4% interest rate plus a $15,000 commitment fee.
Viridi Parente & Subsidiaries Inc holds this financial services contract with Erie County Industrial Development Agency.
The renewal date is on record. Get free alerts for pre-RFPs like this one, matched to what you sell.
Get pre-RFPs for work like this before the bid is out.
Get pre-RFP alerts freeFree account · 30-second setup · No credit card
Contract details
- Contract type
- Financial Services
- Amount
- $3,000,000 loan; $15,000 commitment fee
- Document date
- October 28, 2026
- Term
- 72 months; first 12 months interest-only, followed by 60-month amortization
- Renews
- On record
- Vendor
- Viridi Parente & Subsidiaries Inc
- Source document
- Buffalo and Erie County Regional Development Corporation Agenda Packet 2026-10-28 (AgendaPacket)
Viridi Parente & Subsidiaries Inc's other public contracts
More Erie County Industrial Development Agency contracts
Questions about this contract
Who was awarded the financial services contract by Erie County Industrial Development Agency?
Viridi Parente & Subsidiaries Inc was awarded this financial services contract by Erie County Industrial Development Agency, as recorded on October 28, 2026. The contract value is $3,000,000 loan; $15,000 commitment fee.
How much is the Viridi Parente & Subsidiaries Inc contract with Erie County Industrial Development Agency worth?
The Viridi Parente & Subsidiaries Inc contract with Erie County Industrial Development Agency is valued at $3,000,000 loan; $15,000 commitment fee, covering financial services work.
What type of contract is this?
This is a Financial Services contract, documented as a agendapacket record.
Where was this contract approved?
This contract appears in Buffalo and Erie County Regional Development Corporation Agenda Packet 2026-10-28 (AgendaPacket), dated October 28, 2026 from Erie County Industrial Development Agency. Civic IQ extracts contract records directly from agency meeting documents and solicitations.
Show 1 more question
What is Erie County Industrial Development Agency currently buying?
Explore Erie County Industrial Development Agency's vendors, signed contracts, and active RFPs on their Civic IQ agency profile.