Microenterprise/Small Business Lending Program

The Business Development Department manages a Revolving Loan Fund (RLF), designed to assist area small business owners in their effort to start-up or expand an existing small business. The RLF offers financing ranging from $200 to $250,000, with the exception of the United States Department of Agriculture (USDA) Rural Microenterprise Assistance Program (RMAP) sponsored loans which are capped at $50,000. Loans in excess of that amount require the participation of some other form of financing. Rates and terms vary depending upon each business’ ability to repay. Terms cannot exceed 20 years.

Individuals interested in accessing the RLF must submit a written business plan including cash flow projections, as well as pertinent personal financial information. Business Development Staff is available to assist individuals in their efforts to compile this data.

If you are interested in the Microentprise/Small Business Lending Program, please print the information in the following links and give us a call to schedule an appointment.

Client Information Packet

Microenterprise / Small Business Lending Program Brochure

Business Plan Guide