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Revolving Loan Fund (RLF)2018-03-09T14:43:02+00:00

Project Description

Revolving Loan Fund (RLF)

The Revolving Loan Fund began in 2000 to provide financing for small businesses in the Illinois Valley and throughout Josephine County. Through partnership support from USDA-Rural Development, Josephine County and City of Grants Pass, the fund has grown to over $515,000 and made more than $1.2M in total loans, with more than half in the Illinois Valley.

Our Micro-Business Revolving Loan Fund is geared toward smaller businesses in start-up or expansion mode. With very favorable terms and a $25,000 maximum loan amount, the IVCDO has been able to approve more than 90 loans for local businesses since 2000.

'G' Spot Fine Bar & Grill“IVCanDo’s Revolving Loan Fund allowed us to open with a full service kitchen.  We strive to offer organic, non-GMO, locally sourced products in our great meals. The kitchen provides 2-3 jobs in in our Valley creating sustenance for people we love.”

Gabriella Salas, G Spot-Fine Bar and Grill
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Project Details