Economic Development Revolving Loan Fund Program(EDRLF)

The Economic Development Revolving Loan Fund (EDRLF) Program is administered by DBAS through funding appropriation from the Economic Development Agency of the United States Department of Commerce.  The EDRLF program provides loan funding to private sector businesses engaged in job creation, export development, import substitution, and entrepreneurial development.

Maximum Loan Amount:  $100,000.00

Interest Rate: 9.00% to 11.00% per annum

Term: Up to 15 years

Eligibility:  Open to all local private businesses