Region Nine administers a Revolving Loan Fund (RLF) to assist existing businesses, as well as new entrepreneurs, in securing financing they are otherwise unable to secure through traditional channels. The primary goal of the program is to create new jobs, or retain existing jobs, in the region. Preference is given to businesses that will add full-time skilled or semi-skilled positions. The source of funding is the Federal Economic Development Administration (EDA). Some specific guidelines may apply. Region Nine welcomes partnering with other lenders to assist local businesses to succeed and thrive.
Interested in applying for a loan?
Please contact our Finance Director, Ky Battern, at 507-389-8878 or by email at ky@rndc.org to discuss the application process.