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Loan Packaging

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Financing Tool

One of the financing tools provided by NCRPC is its Revolving Loan Fund. The purpose of the Fund is to enhance both job creation and job preservation in 9 of 12 counties NCRPC serves. The loan program provides gap financing for business projects that appear viable, but have some credit weakness(es) preventing the Lender from approving the entire request. Examples include:

  • start-up nature of business
  • insufficient down payment/equity
  • repayment based on projected earnings
  • insufficient collateral

For other business financing tools please click here or on “business financing” above.

 

 

 

Updated 7/23/08
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