Economic Development

Revolving Loan Fund (RLF)

The Revolving Loan Fund is designed to support business activities when a full amount of needed credit is unavailable from a financial institution. An RLF loan can make up the difference in funds needed to start or improve your business. The program is available to 6 counties in the Brazos Valley Council of Governments including Brazos, Burleson, Grimes, Leon, Madison, and Robertson.

RLF Basic Guidelines:

• Create or retain at least one permanent job for every $10,000 loaned.
• Funding with satisfactory terms and conditions must be unavailable from conventional lenders
• At least two-thirds of the projects loan must be from private lenders
• Borrower must be a qualified for-profit business
• Project must both originate and remain in an RLF-eligible county.

Revolving Loan Fund Application

For more information on the RLF program, please call 979-595-2800 ext. 2061