Areas Served: Monterey County California The California Coastal Rural Development Corporation offers a revolving business loan program for Monterey County California. DESCRIPTION Loans to businesses located only in Monterey County. USE OF FUNDS Inventory, furniture and fixtures, leasehold improvements, equipment, working capital or business acquisition. QUALIFICATION Business must be located in Monterey County. Loan must
Read MoreAreas Served: Chemung, Schuyler, and Steuben Counties. The REDEC Relending Corporation Revolving Loan Program provides “gap financing” to start-up and existing businesses located in Chemung, Schuyler and Steuben Counties inNew York. All loan applicants must demonstrate both a need for REDEC or REDEC Relending Corporation financing and that the project will provide a positive job
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: ADAIR, CANADIAN, CHEROKEE, CLEVELAND, The Tulsa Economic Development Corporation Microloan Program provides small, short-term loans to Oklahoma small business concerns and certain types of not-for-profit child-care centers. The SBA makes funds available to specially designated intermediary lenders, which are nonprofit community-based organizations with experience in lending as well as management and technical assistance.
Read MoreAreas Served: Morgan The purpose of the USDA Intermediary Relending Program (IRP) is to alleviate poverty and increase economic activity and employment in rural communities. Under the IRP program, loans are provided to the Rural Morgan County Industrial Development Board for the establishment of revolving loan funds in Morgan County Alabama. The rural businesses targeted
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