An effective Revolving Loan Fund (RLF) can be an impactful and valuable instrument for Economic Development Districts (EDDs) to support small businesses in their regions.Traditional banking institutions may have rigid or risk-averse requirements concerning past lending history, collateral, or loan amounts that can restrict the ability of entrepreneurs to secure capital investment. EDD RLFs can provide prospective borrowers with more flexible lending agreements that creates opportunity and makes capital more accessible in the region.

Read the Tips from a Loan Officer for a High Value Revolving Loan Fund (PDF) here.