Revolving Loan Fund

About the Revolving Loan Fund

The purpose of the City of West Union’s Revolving Loan Fund (RLF) is to provide gap financing to new and expanding businesses for which credit is not otherwise available, at terms and conditions that permit completion and/or the successful operation of the proposed business activities.

Any business improvement or start-up project in City of West Union is an eligible project. Project activities that could be funded with RLF funds include, but are not limited to:

  • Land acquisition
  • Site preparation
  • Building acquisition, construction, or remodeling
  • Machinery, equipment, furniture, or fixtures
  • Working capital for start-up or expansion