Areas Served: McHenry County The McHenry County Loan Fund (MCLF) exists for the purpose of encouraging economic growth and increasing the size of it’s commercial and industrial base. The MCLF is a government funded program that helps build businesses in McHenry County. The MCLF is administered by the McHenry County Board and marketed by the
Read MoreAreas Served: Clay, Effingham, Fayette, Jasper, and Marion Counties, Illinois Title IX Revolving Loan Fund federal funds are loaned to qualifying, credit worthy industrial or commercial firms within the Illinois counties of Clay, Effingham, Fayette, Jasper, and Marion by the Economic Development District at an attractive fixed interest rate (i.e.,currently 4.5%) repayable over as long
Read MoreAreas Served: Henry, Mercer and Rock Island Counties Project NOW, Inc. CAA has established the CSBG Loan Program to assist financial small businesses for either start-up or expansion projects. The purpose of this loan program is to create and retain jobs for low-income persons and to promote economic growth in Henry, Mercer and Rock Island
Read MoreAreas Served: City of Morton The Morton Economic Development Center offers three loan programs for businesses in Morton, Illinois. The Morton Revolving Loan Fund provides loans of $5,000 – $25,000 over a 5 year term at a low interest rate to pair with traditional financing for the acquisition of property or equipment and property improvements.
Read MoreAreas Served: City of Geneseo The City of Geneseo’s Revolving Loan Fund (RLF) is financed by the Illinois Department of Commerce and Economic Opportunity. The RLF program makes low-interest loans to businesses/industries who are creating and retaining permanent jobs for low to moderate income persons, and who are in need of financing project gaps and
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