Revolving Loan Funds

Revolving Loan Funds (RLF’s) are established to provide a source of financing for local expanding or start up businesses that may not otherwise be able to obtain needed financing. Often, RLF loans are used to fill a "financing gap" in a business development project. A gap occurs when the business lacks the funds to meet the equity requirements of bank financing or needs a lower interest rate. Brainerd Lakes area communities that currently offer Revolving Loan Funds include the cities of Brainerd and Crosslake. Click on the menu to the left for more information on these RLF programs.