A revolving loan fund is a financing program used for the development and expansion of small businesses. It is a self-replenishing pool of money, utilizing interest and principal payments from current and past loans to finance new ones. These loans provide access to capital as gap financing to enable small businesses to grow and generate new employment opportunities with competitive wages and benefits.
The CWCOG Revolving Loan Fund Program for the City of Longview provides access to a flexible source of capital that can be used in combination with more conventional sources.
The current program operating plan can be found here.
If interested, please contact us to discuss the program.