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The Town operates a
Revolving Loan Fund (RLF) to assist small businesses within the
Town's |
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boundaries
with expansions, renovations, equipment, and other projects. Loan
applications up |
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to
$25,000, are processed by the Code Office, and loan approvals are
made by the Loan Review |
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Board. Those interested in making such an application
should do so well in advance of
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anticipated need, as there may be standing
applications awaiting approval or awaiting sufficient |
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on-hand funds to close. RLF funds
are intended to complement other resources such as bank |
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loans and equity
injections.
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To
obtain an application to this fund, call the Code Office at
778-5874. |