The Green River Area Development District’s Revolving Loan Fund (RLF) provides low-interest direct loans to support small business expansion and support job creation throughout the region.
The RLF provides loans ranging from $10,000 to $250,000 for businesses in Daviess, Hancock, Henderson, McLean, Ohio, Union, and Webster counties. These funds can be used to finance land and building purchases, equipment, inventory, or working capital.
To download a loan application or for more information about the GRADD RLF, click here.
Since 1980, GRADD has partnered with local banks to directly invest $11.7 million in small businesses, leveraging an additional $33.7 million in private financing.
RLF is an initiative of the U.S. Economic Development Administration (EDA), which provides Economic Adjustment Assistance funds to agencies like GRADD to create and sustain lending programs that offer low-interest gap financing.
