Areas Served: DeWitt, Fulton, Logan, Mason, Menard, and Piatt County The purpose of the CSBG Loan Program is to promote economic development by loaning money to Illinois businesses in DeWitt, Fulton, Logan, Mason, Menard, and Piatt County with the objective of job creation. Loan amounts typically range from $20,000 to $150,000. Interest rates are typically
Read MoreAreas Served: Livingston county, Illinois The Greater Livingston County Economic Development Council Commercial Revolving Loan Program, has been established to stimulate, promote and assist in the development, redevelopment and revitalization of Livingston County, Illinois by forming a consortium of lending institutions that will participate in funding loans for business creation and expansion, as well as
Read MoreAreas Served: Alexander, Johnson, Massac, Pulaski and Union county, Illinois In House and Local Revolving Loan Funds (RLFs) Low interest, flexible term loan funds are available through Southern Five’s RLF to provide gap financing to individuals for business start-up or for the expansion of existing businesses. This RLF was established through grants from the Economic
Read MoreAreas Served: City of Benton The City of Benton, Illinois offers a revolving loan fund that bridges the gap between bank financing and owners equity. The RLF will consider applications which will assist in the retention of the community’s industrial base and assist in the start-up or expansion of new businesses within the corporate limits
Read MoreAreas Served: Randolph County The purpose of the USDA Intermediary Relending Program (IRP) is to alleviate poverty and increase economic activity and employment in Randolph County, Illinois. Under the IRP program, loans are provided to local organizations (intermediaries) for the establishment of revolving loan funds. The rural businesses targeted for IRP financing are: – Small
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