Iowa RLF - Business Loan Funds

Business Loan Fund – IowAble Foundation

Areas Served: Statewide Iowa The Iowa Able Loan Program seeks to increase home-based employment and self-employment opportunities for individuals with disabilities across the State of Iowa. All individuals with disabilities who plan to start or are expanding a business are welcome to apply. Allowable uses for business loans include the purchase of equipment, inventory, operating

Revolving Loan Fund – Dallas County

Areas Served: Dallas County The Dallas County, Iowa Revolving Loan Fund provides financial assistance to businesses that plan to make a capital investment to create new job opportunities and/or retain existing jobs. The assistance is provided in the form of low-interest loans with a maximum award of $50,000 possible. The fund assistance is provided to

Joint Venture Loan Financing – Humboldt County REC

Areas Served: Humboldt, Kossuth, Pocahontas, Wright and Webster Counties Humboldt County Rural Electric Cooperative, headquartered in Humboldt, Iowa, is a member-owned electric cooperative that offers a Joint Venture Loan Financing program which provides low-interest loans for business creation, location and expansion. Contact InformationHumboldt County RECAddress: 1210 13th St NCity: HumboldtState: Iowa Website: http://www.humboldtrec.coop/aspx/General/ClientPage.aspx?PageID=23&n=179&b=5

USDA IRP – Maquoketa Valley Electric Cooperative

Areas Served: Jones, Jackson, Buchanan and Clinton Counties The Maquoketa Valley Electric Cooperative Intermediary Relending Program (IRP) provides low interest loans to assist with local economic and community development projects following similar goals as with the RLF previously mentioned. Minimum and maximum loans range from $50,000 to $150,000 with a 3-5% interest rate. The maximum

Revolving Loan Fund – Plymouth County

Areas Served: Plymouth County The Plymouth County Revolving Loan Fund was formed to provide affordable and flexible loans to businesses in Plymouth County, Iowa. Loan Amount – $5,000 – $50,000 Interest Rate – 3% and up. Contact InformationPlymouth County Economic DevelopmentAddress: 215 4th Ave. SECity: Le MarsState: Iowa Website: http://www.co.plymouth.ia.us/Departments/Economic%20Development.aspx