Revolving Loan Fund L&L - Support Business Growth in Shiawassee County

Details

Join us for an informative luncheon as we introduce the I-69 Regional Development Corporation's Revolving Loan Fund Program. This special event is designed for businesses and lenders who are interested in learning about the financial opportunities available through this program.

The I-69 Regional Development Corporation serves as the regional clearinghouse for revolving loan funds throughout Shiawassee, Genesee, Lapeer, St. Clair, Sanilac, Tuscola, and Huron Counties. They manage and coordinate multiple revolving loan funds sourced from local municipalities, state-level programs, and the USDA Rural Development.

As the central point of contact, they operate with a single intake process that allows them to efficiently assess client needs and match them with the loan program best suited to their business goals. Once a client enters their system, the goal is to help them find the right capital solution—whether that's through the I-69 Regional Development Corporation RLF portfolio, partner agencies, or through connections with local banks and credit unions.

General Overview of offerings:

• Loan amounts: Typically range from $10,000 to $80,000
• Terms: Generally range from 3 to 10 years, depending on the use of funds and program requirements
• Interest rates: Usually below-market, often fixed, and determined by the source of capital
• Eligible uses: Include real estate acquisition, equipment purchase, working capital, and in some cases, gap financing to support private bank financing 

Event Details:

• Date: Thursday, July 10th, 2025
• Time: 12:00 PM to 1:15 PM
• Location: Wrought Iron Grill, 317 S Elm St, Owosso, MI 48867 

What to Expect:

• An overview of the Revolving Loan Fund Program
• Detailed presentation on program parameters
• Guidance on accessing funding for your business 

The event is free of charge, but RSVPs are requested for planning purposes.

Click to register