Resource Details
Lee-Russell Council of Government-Revolving Loan Fund
About
A Revolving Loan Fund (RLF) is a locally controlled source of capital used to finance start-up and expanding businesses. This program enables the Lee-Russell Council of Governments, in collaboration with a private lender, to financially assist small and medium-sized businesses in Lee and Russell County. The RLF is designed to make loans to businesses whose start-up and expansion will result in the creation or retention of permanent jobs and the enhancement of private sector investment.