UCPCOG REVOLVING LOAN FUND
COMMERCIAL LOAN PROGRAMS ($20,000 TO $150,000)
Loans will not ordinarily be made in an amount less than $20,000 or greater than $150,000 to any one entity or company within one year. Generally, the RLF investment will be the lesser of 33% of the total project cost or $150,000. We can work with your local bank or provide references to other lending partners to help meet other borrowing needs.
Credit Not Otherwise Available: Applicant must demonstrate hat credit is not otherwise available on terms and conditions that permit the completion or successful operation of the activity to be financed.
COST PER JOB: UCPCOG has a goal of one job per $20,000 invested. This is required for the loan portfolio as a whole, and not necessarily for each individual loan.
For additional information contact:
Ron Townley, Acting Loan Officer