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Revolving Loan Funds

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Revolving Loan Funds are sources of money from which loans are made for multiple small business development projects.  Revolving loan funds typically provide loans to persons or groups of people that do not qualify for traditional financial services or are otherwise viewed as being high risk.  Borrowere tend to be small producers of goods and services who have no credit histoy or access to other types of loans from financial institutions.  Organization that offer revolving loan fund lending aim to help new project or business owners become financially independetn and eventually to become eligible for loans from commercial banks.

This type of funding gets its name from the revolving aspect of loan repayment.  As the central fund is replenished as individual projects pay back their loans, there is an opportunit to issue other loans to new projects.
Revolving Loan Fund Information
Iowa Minnesota North Dakota South Dakota Wisconsin

 

 

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