Revolving-Loan Fund

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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The revolving-loan fund that helped the Sonodas also illustrates the spin-off effect of federal support for Native Hawaiians.