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: Statewide North Carolina The North Carolina Capital Access Program expands business finance options for businesses across the state. By reducing risk, it encourages banks and other qualified lenders to consider loans that otherwise fall just outside conventional underwriting standards. The program will enable up to $800 million in business lending over two years,
Read MoreAreas Served: City of Parkers Prairie The City of Parkers Prairie, Minnesota has economic development money available to qualified business. The fund has been established to provide matching loans to businesses. Loan Amount: $5,000 – $40,000 Uses of Funds: Acquisition or acquisition for demolition, building rehabilitation improvements, demolition of non-functional buildings and public facilities Interest:
Read MoreAreas Served: Town of North Providence The Town of North Providence, Rhode Island works to assist businesses in ways consistent with its strategic plan. Providing user-friendly access to permitting and zoning assistance is a key service to new and growing businesses. The Town provides all matter of business and marketing services to our local businesses.
Read MoreAreas Served: Apache, Cochise, Coconino, Gila, Graham, Greenlee, La Paz, Maricopa, ,Mohave, Navajo, Pima, Pinal, Santa Cruz, Yavapai, Yuma Préstamos is committed to building stronger communities by providing Arizona small businesses access to capital through non-traditional small business financing resources. SBA Microloan loans range from $2,000 to $50,000 for start- up and existing businesses. Funds
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