Areas Served: Appanoose County Appanoose Economic Development Corporation offers two low fixed interest loan options for Appanoose County, Iowa businesses and entrepreneurs. Loan Terms – Loans are available up to $150,000 – Loans are available up to 10 years – Interest Rates are fixed and typically lower than conventional financing. Some examples of eligible projects
Read MoreAreas Served: Des Moines County The ECIA Regional Revolving Loan Fund is targeted primarily to manufacturers for the purchase of equipment in Des Moines County, Iowa. The objective of the RLF’s are private sector job creation and capital formation for expansion or start-up projects. Features include below market interest rates, filling financial gaps, and leveraging
Read MoreAreas Served: Davis, Jefferson, Keokuk, Mahaska, Van Buren and Wapello counties Revolving Loan Features – No application fee – 4% Interest – Maximum 10-year term – $5,000$20,000 available per loan – Applicants are encouraged to provide cash match (equity or other loans) equal to loan request Loan Review and Approval Process Micro-Loan Features – No
Read MoreAreas Served: Elkader Funding is offered to new or expanding businesses in Elkader, Iowa via Revolving Loan Funds. The Elkader Development Corporation offers up to $5,000 and the Upper Explorerland Regional Planning Commission in Postville offers up to $150,000. These loans are available to businesses for which credit is not otherwise available on terms and
Read MoreAreas Served: Sheldon County SCDC Revolving Loan Fund (RLF) A loan pool of in excess of $1,800,000 is available to fund new or existing industrial and commercial projects in Sheldon County, Iowa. Projects are evaluated on the local economic benefits potential for the community. Projects must be unable to obtain full conventional financing. A maximum
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