The RLF Community of Practice is making loan operators more flexible, accessible, and recovery & growth-oriented for small business across the country w/training and development.
Learn about the CoP and how to get involved. eda.gov/strategic-initiative… #RLFWeek
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EDA-backed RLF loans provide access to capital as gap financing so small businesses across America can:
🏗️ Grow & expand
👩🏭 Create new job opportunities
📈 Offer competitive wages and benefits
See our impact #RLFWeek bit.ly/3Ods1D8
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Did you know EDA is working with the Institute for Local Self-Reliance (@ILSR) and @RecastCity to develop the 1st of its kind training program for #Indigenous-focused Revolving Loan Funds (RLF)?
Lean more about this ambitious program. eda.gov/news/blog/2023/11/17……… #RLFWeek
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25 Jan 2024
Small businesses are the heartbeat of communities. This week is #RLFWeek and BRADD was excited to support White Squirrel Brewery with our program. If you want to learn more check out The DeCesare Group podcast this week!
22 Jan 2024
This week on The DeCesare Group Podcast, Jim talks with Brian Mefford, co-owner of @WhiteSquirrelBG . If you’re a start-up, small business owner, or entrepreneur you’ll want to listen to this episode! rss.com/podcasts/tdg-podcast
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Kentucky's Community Ventures (@CVKentucky) received a $3M EDA grant to establish a Revolving Loan Fund (RLF) that provides microloans to small businesses and entrepreneurs unable to obtain them from traditional lending providers. Learn more eda.gov/impact/success-stori… #RLFWeek
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Minority Business Enterprises (MBE’s) are fast-growing in every industry sector in the U.S. Today. As part of #RLFWeek, we are spotlighting 2 of our #RLF MBE’s funded in the past years! #minorityowned @US_EDA #panhandle #southplains #economicdevelopment #TheLocalChoice
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To start off our #RLFWeek spotlights, we have two woman owned businesses that benefited from SPAG's RLF programs in 2023 thanks to the @US_EDA!
#SmallBusiness #EconomicDevelopment
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Did you know EDA-backed Revolving Loan Funds (RLF) have a combined $1 Billion in capital for community investment?
See how RLFs are a critical source of funding to businesses that can't otherwise access capital via a traditional lender. eda.gov/funding/programs/rev… #RLFWeek
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To kick off #RLFWeek, here is our FY23 report - we added 17 loans to our portfolio (now over 100 active loans in total) and $2.1M to our $10M in active loans! #TheLocalChoice #SmallBusiness @US_EDA
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In Delaware and Pennsylvania, @tristatefandm & @flowerplacellc are just two of the businesses supported by True Access Capital's (TAC) EDA-capitalized Revolving Loan Fund.
Learn more about how TAC empowers small business with EDA support. eda.gov/impact/success-stori… #RLFWeek
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13 Dec 2022
Last week commemorated @US_EDA ‘s RLF Week, which highlights small businesses funded by EDA’s Revolving Loan Fund.
PeopleFund has implemented the Downtown Revolving Loan Fund in Eagle Pass, TX. We are proud to support small businesses across Texas.
#RLFWeek #PeopleFund
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@CockaigneResort, a beloved local family resort is getting ready for another winter season. We helped 50 businesses w/ our @US_EDA funded Revolving Loan Fund (#RLF) through the CARES Act, including Cockaigne during the pandemic.
#RLFweek #economicdevelopment #CHQ @NYSEDC #NY
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Today wraps up EDA’s #RLFWeek! We are thrilled to partner with #RLF operators nationwide to bring critical gap financing to #smallbusinesses to ensure they thrive!
Continue to share your stories!
For more information about EDA’s RLF program, visit: eda.gov/rlf
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Haleigh Scott worked with @CaCapitalFDC to access an EDA-capitalized #RLF loan for her company, Ascend Diagnostics.
Since receiving the loan, Scott has added 3 full time employees to support her growing business.
Full story: bit.ly/3B0SehC
#RLFweek #SmallBiz
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During the pandemic, Tristah Romero-Kelly, owner of Renew Medical Aesthetics in Racine, #Wisconsin, utilized an EDA-capitalized Revolving Loan Fund to purchase new equipment, upgrade furniture, access working capital and hire two new employees.
#RLFweek @RacineCounty @RCEDC1
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December 5-9 is U.S. Economic Development Administration's Revolving Loan Fund Week. We want to shout out TAMKE Child Care Center in Sebree, who used an RLF loan in 2013 to open a daycare! Find out more about GRADD's RLF here: gradd.com/businesses/revolvi…
#RLFWeek #SmallBiz #sebreeky
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Redwood Region Economic Development Commission supported the acquisition of a mobile pump testing unit to take the Francis Enos Fire Pump Repair business to the next level.
How this helped protect firefighters along #California’s North Coast: bit.ly/3jCkQos #RLFWeek
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