Revolving Loan Fund

The Regional Revolving Loan Fund is available* for small and medium sized businesses needing resources and generally participates with other public and private financing tools for:
  • Fixed asset loans (eg. acquisition and improvement of land, buildings, plant and equipment, including new construction or renovation of existing facilities, demolition and site preparation)*
  • Working capital loans for the start-up of new businesses or conduct of current businesses*
*Loans are subject to availability of total funds and for each type of loan at time of application


Some Eligibility Requirements

Most Industrial and service activities including:
  • Manufacturers
  • Non-retail service businesses

Borrowers must own and operate a business within the Genesee/Finger Lakes Region.
  • Genesee County
  • Livingston County
  • Monroe County
  • Ontario County
  • Orleans County
  • Seneca County
  • Wayne County
  • Wyoming County
  • Yates County
Financing Parameters

  • Maximum loan is  $200,000.
  • Minimum loan amount is $20,000.
  • Demonstrate that credit is not otherwise available on terms and conditions that permit the completion or successful operation of the activity to be financed.
  • Meet financing policies including but not limited to equity participation, repayment terms, and collateral requirements.

Some applicant responsibilities include:
  • application
  • meeting all requirements
  • evidence of job creation/retention
  • application fee
  • loan closing costs
Application Procedures

Step 1
Applicant contacts us at Genesee/Finger Lakes Regional Planning Council or contacts local industrial development agency (IDA) in area where project is located

Step 2
If the project is determined a fit and all requirements** can be met, then the application and instructions, along with assistance, is provided to the applicant.

Step 3
Completed application, supporting documentation, and application fee are submitted for consideration to RLF coordinator.