Appalachian Regional Commission Business Development Revolving Loan Fund
Program Description | Downloads & Related Links | Contact Information
Program Description
The Business Development Revolving Loan Fund (RLF) is a $3 million pool that can be used in the Appalachian Region for loans to projects that create or save jobs and that:
- Promote industrial locations or expansions;
- Encourage downtown development;
- Complement local development strategies; or
- Satisfy other public purposes.
Funds for the Business Development Revolving Loan Program were granted to DCA by the Appalachian Regional Commission. DCA administers the RLF but loans are made through local development authorities (LDAs). The DCA Loan Committee reviews all loan requests and sets terms for each approved loan application depending on project needs.
Downloads & Related Links
Eligibility Requirements (PDF)
ARC RLF Initial Project Assessment (PDF)
ARC RLF Application (PDF)
ARC RLF Credit Underwriting Checklist (PDF)
ARC RLF Personal Financial Statement Form (PDF)
Georgia Appalachian Region Business Development RLF Flyer (PDF)
RFP for Acquisition and Administration of ARC RLF
The Georgia Department of Community Affairs' Office of Economic Development (OED) seeks a qualified community lending institution serving North Georgia to which the State can transfer the administration and management of the Georgia Appalachian Region Business Development Revolving Loan Fund (ARC RLF). For questions related specifically to the RFP, please contact Brian Williamson at (404) 679-1586. Click here to view and/or print a copy of the complete RFP document.
Contact Information
Russell Morrison at (404) 679-4825.
Georgia Department of Community Affairs
60 Executive Park South, N.E.
Atlanta, Georgia 30329-2231
