Program Overview The SBA International Trade Loan (ITL) from the Small Business Administration offers loans up to $5 million for fixed assets and working capital for businesses that plan to start or continue exporting. The ITL offers a combination of fixed asset, working capital financing and debt refinancing with the SBA’s maximum guaranty of 90
Read MoreThe United States Department of Agriculture – Intermediary Relending Program (USDA IRP) was created to alleviate poverty and increase economic activity and employment in rural communities by supplying capital to establish a revolving loan program for small businesses. These funds are loaned to intermediaries such as local economic development agencies, local government or community not-for-profits for
Read MoreEDA Revolving Loan Program Program Overview The purpose of the Economic Development Administration’s (EDA) Revolving Loan Fund (RLF) is to create jobs and to stimulate small business growth by assisting businesses whose projects will improve the local economy by creating or retaining jobs, increasing the tax base or promoting the general health, education, and welfare.
Read MoreProgram Overview The Community Development Block Grant (CDBG) is a federal grant program utilizing funds received from the U.S. Department of Housing and Urban Development (HUD). The CDBG Revolving Loan Fund (RLF) has a few specific purposes for the funds, but our interest is for funding small businesses. Now don’t get your hopes up when
Read MoreCommunity Development Financial Institutions (CDFIs) strengthen economically distressed communities that are under served by traditional financial institutions to provide the funds to offer low or no-interest loans for housing, micro-businesses, human development, community development, and basic consumer needs. For business owners, a CDFI revolving loan fund helps by offering commercial loans and investments to small
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