Resource Details
Central Alabama Regional Planning and Development Commission-Revolving LoanFund
About
The CARPDC Revolving Loan Fund (RLF) program enables CARPDC, in collaboration with a private lender, to financially assist small and medium sized businesses by making loans for start-up or expansion that will result in the creation or retention of jobs and the enhancement of private sector investments. Revolving loans range from a minimum of $10,000 to a maximum of $150,000, and RLF participation cannot exceed 1/3 of the total project cost.