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Revolving
Loan Fund
Most
economists rank access to investment capital as one of the
top five ingredients that underpin a community's economic
health.
Since
1985 the Southwestern Commission has operated a Revolving
Loan Fund. Capitalized at approximately $800,000, this fund
revolves perpetually, providing supplemental, short-term financing
of business and industry proposals. The purpose is to generate
new employment opportunities and/or secure existing jobs.
Guidelines
for the Commission's Revolving Loan Fund are found at the
RLF brochure
in this Web site.
During
the Fund's 20 years of operation 52 business's have been assisted.
The Fund's loans have leveraged over $15,000,000 in private
investment while creating and/or securing over 500 jobs for
the Region.
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