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RLF Update

by Melissa on April 4th, 2017

UMVRDC RLF Update

The UMVRDC Revolving Loan Fund (RLF) works to help businesses by creating a financial package to fund their start-up or expansion project.  A primary focus of the UMVRDC’s RLF is job creation and retention in the region. Northern Geo in Appleton, MN was able to utilize RLF dollars once again to expand their business and acquire a new product line. With this new expansion, they will be able to retain and create an additional 21 jobs within the region.

Take advantage of the UMVRDC’s current low interest rates as they appear to be on the rise! The funds can assist in financing fixed assets, real estate, and working capital.  Please do not hesitate to contact Laura Ostlie at 320-289-1981 ext 102 or email laura@umvrdc.org today to find out how the UMVRDC can help businesses in your community. Click here for more info…

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