Clay County Revolving Loan Fund

Loan amount available:

30% of project cost, up to maximum of $50,000 (subject to availability of funds)

Interest rate:

Varies; floor of 3%

  • 3-5 years for working capital and inventory
  • 3-10 years for fixed assets
Primary eligibility requirements:
  • Bank participation by Clay County Bank is required to access this loan program.
  • Program available in Clay County.
Special features:

Public source of funds

Special requirements:
  • Only owner-occupied real estate.
  • Construction projects require ADA handicapped accessibility and preliminary drawings.

See Business Finance Program for assistance.

Return to Business Financing Resource Page