Business Development Revolving Loan Fund Grants
Business development revolving loan funds (RLFs) are pools of money used by grantees for the purpose of making loans to create and retain jobs. As loans are repaid, money is returned to the fund and made available for additional loans.
ARC has long used revolving loan funds as an effective tool of economic development. ARC recently adopted new RLF guidelines to clarify operating policies, reduce paperwork, and improve cash management.
The RLF Form for Reporting Loans Disbursed/Requesting a Release of Grant Funds