Resource Profile

Catawba Regional Revolving Loan Fund Program

The Revolving Loan Fund Program was started in 1987 with funds from the federal Economic Development Administration and other public sources. These funds have been used by many businesses in the region, creating hundreds of jobs, and leveraging millions of dollars in private investment.

RLF funds from $50, 000 - $500, 000 are available to businesses located in the following counties: Aiken, Allendale, Bamberg, Barnwell, Beaufort, Calhoun, Chester, Chesterfield, Clarendon, Colleton, Darlington, Dillon, Fairfield, Florence, Georgetown, Hampton, Horry, Jasper, Kershaw, Lancaster, Lee, Marion, Marlboro, Orangeburg, Richland, Sumter, Union, Williamsburg and York. Agri-Business specific: Anderson, Cherokee, Greenville, Oconee, Pickens and Spartanburg. These funds can be used in conjunction with bank financing to fund up to 90% of eligible project costs. A below market interest rate and a negotiable term can significantly lower overall debt service. 
Requirements
Audience
All Entrepreneurs
Venture Type
Agricultural Ventures
Traditional Businesses
Stages
Growth
Mature
Dates