Areas Served: City of Carbondale As a result of the receipt of Community Development Assistance Program (CDAP) grants from the Illinois Department of Commerce and Economic Opportunity, the City of Carbondale has available a Revolving Loan Fund which can be used for the establishment or expansion of businesses within the City of Carbondale, Illinois. The
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: Crawford, Dent, Gasconade, Maries, Phelps, Pulaski and Washington counties The Meramec Regional Development Corporation Revolving Loan Fund is designed to provide loan money to small Missouri businesses in Crawford, Dent, Gasconade, Maries, Phelps, Pulaski and Washington counties in order to induce private lenders’ participation in projects that will retain or create employment. The
Read MoreAreas Served: San Luis and Arkansas Valley in Southern Colorado (12 County Region) Intermediary RE-Lending Program (IRP) is available for small business loans to individuals in the San Luis and Arkansas Valley in Southern Colorado (12 County Region) to provide a source of working capital for small business creation, sustainability, and expansion. Program is intended
Read MoreAreas 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
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