Areas Served: Cleburne, Futon, Independence, Izard, Jackson, Sharp, Stone, Van Buren, White, Woodruff 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 White River Planning & Development District for the establishment of revolving loan
Read MoreAreas Served: Clay, Randolph, Greene, Lawrence, Craighead, Mississippi, Poinsett, Cross, Crittenden, St. Francis, Lee, Phillips EDA Revolving Loan Programs: The District administers this business loan designed for financing new business expansion opportunities that will result in the creation of one new job for every $10,000 borrowed in the Arkansas Counties of Clay, Randolph, Greene, Lawrence,
Read MoreAreas Served: Independence County Independence County Economic Development provides a forgivable loan for businesses in Independence County, Arkansas. A 1/4-cent sales tax increase was passed to help retain or expand jobs and spur business growth. As a supplement to a traditional bank loan or other capital acquisition, applicants can receive a “forgivable loan” based on
Read MoreAreas Served: Clark, Conway, Garland, Hot Springs, Johnson, Montgomery, Perry, Pike, Pope, Yell The West Central Arkansas Planning & Development District administers a low interest, revolving loan fund that may be used as a business development financing tool in Clark, Conway, Garland, Hot Springs, Johnson, Montgomery, Perry, Pike, Pope and Yell Counties. This fund is
Read MoreAreas Served: Cleburne, Futon, Independence, Izard, Jackson, Sharp, Stone, Van Buren, White, Woodruff The White River Planning & Development District’s Revolving Loan Fund, capitalized by the U. S. Department of Commerce Economic Development Administration, has been in operation since 1981. This program provides financing for Arkansas business start-up or expansion which will result in the
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