REVOLVING LOAN FUND

The ARPC Revolving Loan Fund (RLF), financed by the U.S. Department of Commerce’s Economic Development Administration (EDA), provides a source of capital for businesses in the Apalachee Region.  It is designed to fill capital gaps and promote job creation.

 

EDA Revolving Loan Fund

With lower interest rates

and relatively more

convenient terms than

conventional lenders, the

RLF serves the local

economic community by

enhancing financing opportunities for businesses interested in starting or expanding in the Region.  

The average size of an RLF loan is $25,000.

Working capital loans are made for periods not exceeding five years, and fixed asset loans are made for periods not exceeding ten years. Eligible borrowers must create or retain full-time jobs within the Region. Potential borrowers must provide documentation of denial for either partial or full funding from a traditional lending institution and also be located in the Apalachee Region. 

For more information on the Council’s RLF Program, please contact Janice Watson at (850) 488-6211 ext. 103.

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      2507 Callaway Road, Suite 200, Tallahassee, FL 32303                         Phone: (850) 488-6211                        Fax: (850) 488-1616       

Apalachee Regional Planning Council is committed to ensuring that this website is accessible to everyone. ARPC strives to adhere to the accepted guidelines and standards for accessibility and usability. To that end we have recently reviewed our entire website to identify non-compliant elements
or documents and to bring them into compliance. We are continuing this process to ensure that the site remains up-to-date regarding updated guidelines. We are continually seeking solutions that will bring all areas of the site up to the same level of overall web accessibility.

In the meantime, should you experience any difficulty in accessing the ARPC website, please contact MFranklin@arpc.org