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.

ARC Business Development Revolving Loan Fund Grant Guidelines 

    Overview
    Objectives and Strategies
    RLF Grantees
    Borrowers and Loans
    ARC RLF Lending Policies
    RLF Administration

    Appendix A: Reporting Loans Disbursed/Requesting a Release of Grant Funds
    Appendix B: Semiannual Financial Reports

    Appendix C: Borrower-Related Legal Requirements


The RLF Form for Reporting Loans Disbursed/Requesting a Release of Grant Funds


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