SIEC's REVOLVING LOAN FUND

Supporting Local Growth and Development

SIEC is community connected and dedicated to helping ensure the long term viability of the rural economy. With this goal in mind, we offer the SIEC Revolving Loan Fund (RLF). The RLF can provide funds for any community or economic development project that benefits our rural area.

Who is eligible?
New or expanding private businesses
Not-for-profit entities
City or county governments

What are eligible uses of funds?
Land purchases
Machinery and equipment purchases
Fixed assets
Buildings

Ineligible uses of funds:
Speculation land purchases
Payments to owners or equity investors
Debt refinancing
Projects that lack economic development potential

Call 641-664-2277 with inquiries about the RLF program.