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UMVRDC Revolving Loan Fund has funds available!

by Dawn Hegland on January 31st, 2011

The UMVRDC Revolving Loan Fund (RDC RLF) has recently consolidated its two loan funds into one. This one loan fund is available for new and expanding businesses in Big Stone, Chippewa, Lac qui Parle, Swift & Yellow Medicine Counties.

Up to $100,000 or 20% of the project cost is available to be used toward equipment, real estate or working capital. At least 10% owner match is desired and bank participation is required.

For more information on the RDC RLF, click here or contact Jacki Anderson at 320-289-1981 or jacki.anderson@umvrdc.org.

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