Revolving-Loan Fund

(redirected from Revolving Loan Funds)

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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Brownfields revolving loan funds provide funding for loans and grants to carry out cleanup activities at brownfield sites.
Also provides access to revolving loan funds, business assistance, business planning resources, a conference room, computer, copier and fax machine and more.
Minkarah also said the revolving loan funds will have a "maximum impact" if the funds are used in programs that create and/or retain jobs as well as create a sustainable dean energy economy.
The EPA offers three categories of brownfield grants: assessment, cleanup, and revolving loan funds.
Revolving loan funds are generally used to provide low-interest loans for brownfield cleanups.
The most controversial is a proposal to help pay for an increase to the need-based Federal Pelt Grant program by recalling the revolving loan funds used to finance the Federal Perkins loan program, essentially terminating the program.
PMI will establish revolving loan funds for rehabilitation of homes or purchase participation interests in home loans made to Native American and immigrant borrowers in alliance with lenders and community groups in various locations across the country.
In a semi-victory for cities, House conferees insisted on modifying Senate-approved language authorizing States to charge local governments "loan origination fees" when they borrow from the water infrastructure (wastewater and drinking water) revolving loan funds.
And it suggests ways to nurture small firms with tools like revolving loan funds and incubators.
Additionally, she has reduced the company's long-term debt costs by two percent from just above seven percent to just above five percent through tax-exempt financing, including previously under-utilized state revolving loan funds, saving the company and rate payers millions of dollars in interest expense.
2 million that EPA announced today for brownfields projects that are already receiving revolving loan funds and have a successful cleanup project underway.
The commitment made by PMI is to be realized through the establishment of revolving loan funds in alliance with non-profit groups to acquire and rehabilitate homes on and off tribal trust lands.