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*
Some Eligibility Requirements
Most Industrial and service activities including:
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Applicant contacts us at Genesee/Finger Lakes Regional Planning Council (firstname.lastname@example.org, 585-454-0190 x14) or contacts local industrial development agency (IDA) in area where project is located
A meeting is held to determine if the project is a fit and all requirements can be met. If so, the application and instructions, along with assistance, is provided to the applicant.
Completed application, supporting documentation, and application fee are submitted for consideration to RLF coordinator.
Loan Review Committee reviews loan and sends recommendation to the G/FLRPC Executive Committee.