A revolving loan fund (RLF), sometimes referred to as a microloan program, is a pool of money where loans are made and the repayments are returned and lent out again, which then allows for other similar investments. For our purposes, we are looking at a revolving loan fund focused on small businesses. There are thousands of low-interest, small
Read MoreAreas Served: City of Moline The City of Moline, Illinois program’s purpose is to provide the additional funding necessary to supplement funding from traditional lending institutions. It is meant to bridge the gap when a project cannot be financed completely by traditional sources. The program focuses on manufacturing, industrial, service industries and downtown retail activity.
Read MoreAreas Served: Alexander, Hardin, Johnson, Massac Pope, Pulaski, and Union The CSBG Loan Program is a low interest loan program assists small businesses in creating jobs for CSBG eligible persons. Loan funds are available for starting a new business or expanding an existing business. A job creation commitment is a required part of the loan
Read MoreAreas Served: El Dorado, Placer, Nevada, Lassen, Plumas, Modoc, Sacramento, Sierra and Yolo The SBA Microenterprise Loan Program affords SEDCorp a source of funds for lending to those businesses whose borrowing needs are too small for conventional lenders in the California Counties of El Dorado, Placer, Nevada, Lassen, Plumas, Modoc, Sacramento, Sierra and Yolo. Start
Read MoreAreas Served: Statewide North Carolina The Support Center partners with different state and federal agencies to offer the following loan products for businesses in North Carolina: USDA Intermediary Relending Program (IRP loans)n¢ Covering 19 counties in eastern NCn¢ For new and existing small businesses that have been turned down by traditional banksn¢ Aims to create
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