Areas Served: Koochiching, Itasca, Aitkin, St. Louis, Carlton, Lake and Cook counties
The ARDC Revolving Loan Fund (RLF) is in place to support business activities for which credit is not otherwise available on terms and conditions which would permit completion and/or the successful operation or accomplishment of the project in the seven county region of Northeast Minnesota (Koochiching, Itasca, Aitkin, St. Louis, Carlton, Lake and Cook counties).
The objective of the program is the stimulation of private investment in order to create and maintain productive, permanent employment through the establishment of new businesses or the expansion of existing businesses.
Financing provided in conjunction with this program is intended to compliment, not compete with private lending institutions
Contact InformationArrowhead Regional Development Commission
Address: 221 West First Street
City: Duluth
State: Minnesota
Website:
http://www.ardc.org/Default.asp?PageID=991
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