Revolving-Loan Fund

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Revolving-Loan Fund

A pool of liquidity that may be loaned to a business. When it is repaid, the capital becomes available to be loaned to another business. A revolving loan fund is intended to assist in business development but, because money is limited, it may only be loaned out to one company at a time. A revolving loan fund begins with a donation; that is, the initial capital that forms the fund need not be repaid.
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Separate from the revolving loan fund, the economic development grant program was started about a decade ago, Mizejewski said, and has helped dozens of local businesses buy equipment and hire workers.
Program Manager Muhammad Al Zoubi remarked that the agreement ensures that the " Al Azraq Multi Purpose Community Cooperative is able to take full legal ownership and manage the revolving loan fund after completing a comprehensive program of capacity building and gaining hands on experience over the past two years .
3 million in revolving loan funds grants from the EPA.
The revolving loan fund brings to the table a mix of lenders with varying risk tolerances, according to Arkansas Enterprise Group spokeswoman Phyllis Anderson.
The Metropolitan Transportation Commission (MTC) launched the Bay Area Transit Oriented Affordable Housing Fund in 2010 with a $10 million commitment to establish a revolving loan fund to finance land acquisition for affordable housing development in select locations near rail and bus lines throughout the Bay Area.
EPA s Revolving Loan Fund provides a level of funding for cleanups that may not be available through traditional financing options or through other brownfields grants, serving as the gap financing needed to jump-start the redevelopment process.
24 /PRNewswire-USNewswire/ -- A well-established financial management firm with a successful track record of investing in green technologies and sustainable forms of energy has been chosen to manage Pennsylvania's new Green Energy Revolving Loan Fund, according to Governor Edward G.
The Energy Efficiency Revolving Loan Fund provides assistance to Manchester small businesses and commercial property owners to cover costs of their energy efficiency, conservation and renewable energy projects through low-interest loans of up to $20,000.
The measure also includes $1 million for the NCUA's Community Development Revolving Loan Fund and additional money for the Community Development Financial Institutions Fund.
Alternative funding, whether through the port's Industrial Revenue Bonds, the EDC's Revolving Loan Fund, or other programs, can augment and, in some instances, replace bank financing.
TT$100 million revolving loan fund is to be disbursed on an interest free basis to firms in CARICOM, except those located in Trinidad % Tobago, for the procurement of technical assistance/ consultancy services and/or training programs for business development projects, reports Caribbean Net News (Nov.
The investment capital will go into a revolving loan fund to help other residential dwellings upgrade their energy efficiency," said Thurgood.