Areas Served: City of Fulton The City of Fulton New York’s Revolving Loan Fund Program is administered by the CDA and was created from loan repayments received as a result of Small Cities Program economic development loans and Urban Development Action Grants secured in the early 1980’s. Loan repayments enable the City to provide low-interest
Read MoreAreas Served: Klamath and Lake County The purpose of the USDA Intermediary Relending Program (IRP) program is to alleviate poverty and increase economic activity and employment in Klamath and Lake counties of Oregon. Under the IRP program, loans are provided to local organizations (intermediaries) for the establishment of revolving loan funds. These revolving loan funds
Read MoreAreas Served: City of Xenia The City of Xenia, Ohio offers a limited, public-sector loan program that can be used in conjunction with conventional financing for; real property (land and/or building) acquisition and improvements; and/or purchase of machinery and equipment for businesses in the City of Xenia, Ohio Contact InformationCity of Xenia, OhioAddress: 181 W.
Read MoreA 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: Hennepin and Ramsey Counties Neighborhood Development Center (NDC) provides access to credit for start-up and existing businesses in Hennepin and Ramsey Counties of Minnesota that are unable to access traditional sources of capital. NDC provides financing up to $50,000 per business; the average loan size is $12,000. Alumni of the NDC Entrepreneur Training
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