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Revolving Fund Loans

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The Economic Development Revolving Loan Fund (EDRLF) provides financial assistance to projects that do not have the ability to receive adequate funding for business growth through traditional or private means. The EDRLF serves as a bridge between the amount the borrower can obtain on the private market or through equity and the amount needed to start or grow a business. Eligible activities for loans include:

  • Working capital
  • Purchase and installation of machinery and equipment
  • Acquisition of land and buildings
  • New construction
  • Facade and building renovation
  • Clearance, demolition, or removal of structures
  • Infrastructure improvements necessary to support new or expanding businesses

Click here for Program Information, Guidelines and Application Instructions.