Is Your Company Missing Out on Opportunities?

The Federal Reserve's recent interest rate cut, along with predictions of more cuts by year-end, may lead you to believe that 2025 will bring smooth sailing. However, this view is worth a closer look. While inflation has eased, we're still emerging from a period of high inflation that has pushed most prices significantly higher [...]

By |2024-10-31T13:32:20-05:00October 31st, 2024|Economic Development, Loans and Incentives|0 Comments

Mythbusting the Washington County IMPACT Loan Fund

Let’s debunk some common myths about the Washington County IMPACT Loan Fund. Wait. Pump the brakes. What is the Washington County IMPACT Loan Fund?? EDWC administers the IMPACT loan fund, which provides low-cost financing primarily to existing companies growing or relocating their businesses in Washington County. Our funds are readily available in amounts $100,000 – [...]

By |2024-09-17T09:24:05-05:00September 11th, 2024|Loans and Incentives, Uncategorized|Comments Off on Mythbusting the Washington County IMPACT Loan Fund

Grab Market Share Using Financing Tool Uniquely Available to Washington County Businesses

Capitalize on Opportunity Offered by Changed Lending Landscape   You need only grab a beer with fellow business leaders or get a haircut at the local barber to find yourself amid buzz on how the lending environment is becoming more challenging to navigate…tightening credit requirements, cautious bankers, and continued upward pressure on interest rates. This felt [...]

By |2023-08-10T09:34:16-05:00June 28th, 2023|Loans and Incentives|Comments Off on Grab Market Share Using Financing Tool Uniquely Available to Washington County Businesses

How EDWC Connects Businesses to Washington County Revolving Loan Funds

In our previous articles about the Washington County Revolving Loan fund (RLF), we have mentioned that EDWC acts as the administering agent for the RLF. Let's break down exactly what that means. Our relationship with area businesses begins as an information resource. We field inquiries about the RLF and work with businesses to understand whether [...]

By |2023-03-01T13:27:21-06:00August 4th, 2022|Loans and Incentives|Comments Off on How EDWC Connects Businesses to Washington County Revolving Loan Funds

SIX Ways Your Business Can Use Revolving Loan Fund Financing

Have our past two articles on Revolving Loan Funds piqued your interest? Perhaps you are now asking yourself, “How can my business use a RLF loan?” A key aspect of this funding option is its flexibility. A loan from a Revolving Loan Fund (RLF) can be used by businesses from a variety of industries [...]

By |2023-03-01T13:35:04-06:00July 21st, 2022|Loans and Incentives|Comments Off on SIX Ways Your Business Can Use Revolving Loan Fund Financing

5 Myths About the Washington County Revolving Loan Fund

Next up in our article series: The Definitive Guide to Revolving Loan Funds, we are tackling the top 5 myths surrounding the Washington County, Wisconsin RLF. We look at misconceptions about qualifying for, getting approved for and repaying a loan. MYTH #1: Your financial information and plans become public knowledge when you obtain an [...]

By |2023-03-01T13:32:32-06:00June 22nd, 2022|Economic Development, Loans and Incentives|Comments Off on 5 Myths About the Washington County Revolving Loan Fund

The Definitive Guide to Revolving Loan Funds: What is an RLF?

RLF is the commonly-used acronym for a Revolving Loan Fund. It refers to a pool of capital available for small businesses in need of financing for development and growth projects. In general terms, businesses apply for loans and those requests are reviewed by an independent committee, much like a bank. If approved, the loan [...]

By |2023-03-01T13:33:16-06:00June 15th, 2022|Economic Development, Loans and Incentives|Comments Off on The Definitive Guide to Revolving Loan Funds: What is an RLF?
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