Revolving Loan Fund
Any business interested in receiving a below market interest rate loan must first complete a loan application and a business plan. Credit analysis is completed on every loan application. While the River Valley Regional Commission’s credit requirements are not as stringent as a bank’s, potential borrowers must indicate an ability to pay back the loan and provide adequate collateral. Each applicant is encouraged to include his/her local bank in this process. The River Valley Regional Commission does not intend to compete with private banks for loan customers. It is our intention to make a loan application more attractive for a local bank by providing gap funds.