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 If approved, the loan amount is withdrawn from the Revolving Loan Fund and dispersed to the business.  Every time a business makes a monthly payment, the principal repaid is put back into the fund and is made available to assist another qualified business with a loan. Money goes out . .  . comes back in . .  . and goes back out again . . . revolving the funds.

The Definitive Guide to Revolving Loan Funds: What is an RLF?Does Washington County Have an RLF?

Yes, Washington County established an RLF over 10 years ago to create more prosperity for the county and its residents. Washington County’s RLF makes loans to help fast-growing businesses located anywhere in the county and businesses looking to relocate to the county. When businesses grow here, they create jobs, sell their products around the world and pay taxes. All of which benefits county residents, the business and their employees and families. The fund has grown steadily over the years, generating over $1.5 billion of economic and fiscal impact to the county.

How is EDWC Involved?

Washington County, Wisconsin contracts with EDWC (Economic Development of Washington County) to manage the RLF. EDWC’s experienced staff helps businesses, and their financial partners understand how an RLF loan can help them both. EDWC works closely to assemble just the right structure package to help make a business’ goal a reality.

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

Success Story: Loan Secures MDW’s Growth

EDWC has been known to loan anywhere between $100,000 – $1,000,000 with repayment schedules spanning as short as five years or as long as 25 years. Washington County’s RLF offers fixed rates and flexible collateral requirements making it a smart choice to use an RLF loan for your next project.

Learn more about the loans and incentives EDWC secures for growing businesses in or relocating to Washington County:

Loans & Incentives

To discover more about the RLF and other financing options for your business, connect with one of our experts today:

Contact an EDWC Expert to Learn More
The Definitive Guide to Revolving Loan Funds: What is an RLF?
Sherry SaikiSenior Director of Business Finance
Sherry has a passion for working with small and mid-size businesses to create financing solutions that help them achieve their goals. She has the perfect blend of lending expertise with skillful communication, helping to simplify complex financing options for clients. Her years of experience in building relationships with businesses and community leaders enables her to craft creative financing solutions that are a win-win for all.